Time to Embrace the Possibilities of Crowd Funding
We see it happen constantly, a critically acclaimed television show, with a small but passionate fan base gets cancelled before its time.
When the short-lived cult hit Firefly was cancelled fans were instrumental in convincing studio heads to give it new life in the form of the motion picture Serenity. Unfortunately, the film grossed only $38.9 million worldwide, falling just shy of covering its $39 million budget.
It is understandable why studio heads would be hesitant to back projects based on similar fan outcries.
Nevertheless, another short-lived cult hit television series is about to be made into a movie. Only this time, it won’t be a studio, but instead the show’s small but passionate fan base that will be putting up the money.
Earlier today, Veronica Mars creator Rob Thomas took to the crowd funding platform Kickstarter to ask fans for $2 million to make the show into a movie.
Within four hours he had raised $1 million.
He will surpass his goal by a long shot before the day is through.
A movie that was long thought dead is going to be made and it’s because the creators were able to tap into the power of social media and online crowd funding.
While this is probably the most prominent Kickstarter campaign yet, the service is not limited to helping fund movies. It has been used to successfully fund upstart businesses from breweries and hot sauce companies, to makers of smartphone accessories and video game consoles.
So, if you have a business idea that is in need of funding, consider the possibilities crowdsourcing has to offer. You probably won’t raise $1 million in a few hours. But, by tapping into the power of social media, you might just find people who are interested in what you are trying to do and willing to put up money to see you succeed.
--Chris








