Tag: crowdfunding
Kickstarter may cut up to 45 percent of its workforce
Kickstarter has discussed layoffs as the COVID-19 pandemic ravages its crowdfunding business, and it now looks like those job cuts may be particularly severe. In a message to Gizmodo, the company has confirmed plans to cut a large portion of its work… Source
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Joue targets novice musicians with its latest crowdfunded instrument
I wrote about Joue back in January, right before the company participated in (and won) our CES pitch-off. The company was one of a handful of crowdfunded musical instrument startups at the show that were really worth getting excited about. This week, the French startup is launch the campaign for…
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Google ditched a tipping feature for donating money to sites
Leaked images obtained by TechCrunch reveal that Google considered and designed a feature that would let people donate money to websites to help support news publishers, bloggers, and musicians. But Google scrapped the idea and chose not to build out the product, despite these kinds of businesses and creators often…
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Patreon lays off 13 percent of its workforce
Patreon has laid off 30 employees (or 13 percent) of its workforce due to the “economic uncertainty” brought about by the coronavirus pandemic. The subscription content platform told TechCrunch that it has chosen to let employees go, because it’s “un… Source
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Kickstarter’s live project count is down 35 percent from last year
Crowdfunding is taking a serious hit due to the COVID-19 pandemic. A Kickstarter internal memo from CEO Aziz Hasan obtained by The Verge indicates that new projects have dropped by 35 percent year-over-year with “no clear sign of rebound.” The steep… Source
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Altman and others want to crowdfund 1 billion masks in the next 180 days
Sam Altman, former president of Y Combinator and CEO of OpenAI, tweeted out his goal to secure 1 billion masks in 180 days. The public just needs to crowdfund those masks, first. Altman, along with his brother Max Altman, an employee at Rippling; Radu Spineanu, the co-founder of Two Tap;…
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