Kickstarter projects are having real impact, according to a new study.
The success of crowdfunding platforms and projects completed through those platforms has helped to expand investment by venture capitalists outside Silicon Valley, University of California — Berkeley and Yale University researchers found.
When Kickstarter projects in areas of the country that don't see interest from venture capitalists succeed, investors seem to become more interested in those parts of the country. Successful crowdfunding campaigns attract VC interest both to the people running campaigns outside major tech hubs and to those parts of the country in general.
