Five years after co-founding Kickstarter, Perry Chen is moving up to the chairman’s office and being replaced by his co-founder Yancey Strickler. Another co-founder, Charles Adler, is moving to an advisory role. Kickstarter now boasts 5 million backers who have pledged close to a billion dollars.
Kickstarter has emerged as a transformative economy, with 5 million backers, and soon a billion dollars in total money pledged.
Inocente, the story of a 15-year-old San Diego homeless girl wanting to become an artist, won the Oscar Sunday for best short documentary. It was also the first Kickstarter-funded film to win an Academy Award. It was one of the three Kickstarter-funded films nominated for an award; the other two being Kings Point and Buzkashi Boys. So far six Kickstarter-funded films have been nominated for Oscars.
Kickstarter is slowly and surely becoming a major force in the film business, something I noted in my post earlier this year. The Inocente win comes close on the heels of Kickstarter-backed films taking center stage at the Sundance Film Festival. According to Kickstarter, the total amount of dollars pledged to Film and Video projects is, as of today, $104.9 million. And in 2012, Kickstarter saw $57.96 million dollars pledged and 3,891 successfully funded projects in 2012.
When I interviewed Kickstarter CEO Perry Chen last year, I asked him if Kickstarter could perhaps upend the institutional control of the creative industries. Here is what he said:
we’re used to this industrial creative complex of movie studios, record labels and production houses. It wasn’t always that way. This is relatively recent in human history….any dent we can put into the machine we’re happy to do. I think we’re already seeing it. A lot of these things that are getting funded would not have been funded in any way.
Looks like fox is in the henhouse.
With Kickstarter-backed projects like Pebble making a splash at last week’s CES, we thought it was a good time to revisit our conversation with Kickstarter CEO Perry Chen on the role of crowdfunding and creativity.
Three Kickstarter funded Kings Point, Buzkashi Boys and Inocente became the fourth, fifth and sixth films to be nominated for Oscars. Add to it all sorts of good “stuff” at Sundance Festival, and you see that Kickstarter is changing movie business, one pledge at a time.
It was a big year for three-year old Kickstarter, the crowd funding platform that’s transformed how people view raising capital at initial levels. The company broke down some of its stats and success stories for 2012 in a year-end presentation.
Twitter, Google, Apple, Facebook, iPhone, Android — what’s new — dominated my writing during 2012. But there were others such as Famo.us, Kickstarter and France’s Free. Here are some of my stories from this year that I believe will have an impact technology ecosystem in 2013.
But more Kickstarter projects doesn’t mean a greater rate of funding. We took a look at which types of Kickstarter projects are more likely to succeed.
It took Kickstarter CEO Perry Chen seven years to go from the initial idea for the site to its launch – but that’s nothing compared to how long he plans to stick around: Chen said at RoadMap Monday that Kickstarter is a company built for generations.
Here you’ll find live coverage of GigaOM RoadMap 2012, as well as a link to the livestream of the event. Join us for what promises to be one of the most interesting and wide-ranging discussions we’ve hosted all year on design in the age of connectedness.