When crowdfunding sites like Kickstarter and Indiegogo emerged in 2008, many people dismissed them as a novelty. But six years later, it’s pretty clear that the doubters were wrong. Successful projects like Pebble, Coin and the Coolest Cooler have raised tens of millions of dollars. In the aggregate, billions of dollars have been raised for creative projects, new companies and personal causes. Crowdfunding is at the center of a new economic revolution, one that democratizes the capital raising process and makes it accessible to anyone with a dream and a computer.
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