Monday, April 2, 2012

I have contributed to crowd funding before


I usually don't do stuff like this, but I really like Jeffery, he's a cool guy. I donated a dollar to his cause because I have chipped a tooth, and I know how bad it sucks. Anyway, I thought of this when I was reading the articles, and I have actually never really heard of the idea before, or that there was a term for it anyway. But I had actually contributed to it. It was really interesting to see how many people donated to him, and how fast it was before he raised the money he needed. He was able to get his tooth fixed and was back to his normal shenanigans in no time. I think I am gonna try this out to get a new iPad.

2 comments:

  1. I think the only way that we can explain the phenomena of crowdfunding is that it has to be that people want to feel altruistic and charitable. Why else would you give this guy a dollar? You feel bad for him. You've experienced what he's experienced. And it just feels good to do something good (http://www.livescience.com/4443-study-good-feel-good.html).

    I think all of these things contribute to the crazy success that people on crowdfunding sites have. A lot of people have dreamt of doing something crazy and entrepreneurial, but many people are limited by money. Therefore, when they see an opportunity to help someone out who can achieve their dreams, they want to help. It's nothing more than charity. You feel empathy for another person, and it makes you feel good to contribute to their success.

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