12 Oct
By Brian Clark
As you likely know, crowdfunding is a way to raise money for a project or venture by pulling contributions from a large number of people, usually online. In 2015 alone, crowdfunding generated an estimated over $34 billion (USD) worldwide.
You may not know, however, that the first instance of online crowdfunding dates way back to 1997, when fans underwrote an entire U.S. tour for the British rock group Marillion — raising $60,000 in donations via a fan-based internet campaign.
Even I developed our first product by selling something that didn’t yet exist in 2007 — going from zero to six figures in …read more
