R
rickman
- Jan 1, 1970
- 0
http://www.indiegogo.com is similar to kickstarter.com, but allows
non-profits to participate. One thing I'm not clear on is just how much
of the funds actually go to the non-profit, or even the for-profits.
Their info on the web site says the "platform" fee (their cut) is 4% or
9% depending on whether you meet your goal or not. There are also third
party fees that depend on the credit card used or the PayPal cost. Then
there are other fees if payment comes by other means. Non-profits pay
25% less platform fees.
However... on every campaign page, just below the "contribute" button,
it says, "This campaign will receive all of the funds contributed by Wed
02 Jan 11:59PM PT." with the corresponding date and time. What does
this mean exactly? They get all the funds and then have to give back 7%
for all the fees? What???
Does anyone have experience with indiegogo? Anyone know why this is
worked this way?
I wrote to them asking about any contribution I make. I don't expect to
hear back right away because of the holiday and may never hear from them.
Rick
non-profits to participate. One thing I'm not clear on is just how much
of the funds actually go to the non-profit, or even the for-profits.
Their info on the web site says the "platform" fee (their cut) is 4% or
9% depending on whether you meet your goal or not. There are also third
party fees that depend on the credit card used or the PayPal cost. Then
there are other fees if payment comes by other means. Non-profits pay
25% less platform fees.
However... on every campaign page, just below the "contribute" button,
it says, "This campaign will receive all of the funds contributed by Wed
02 Jan 11:59PM PT." with the corresponding date and time. What does
this mean exactly? They get all the funds and then have to give back 7%
for all the fees? What???
Does anyone have experience with indiegogo? Anyone know why this is
worked this way?
I wrote to them asking about any contribution I make. I don't expect to
hear back right away because of the holiday and may never hear from them.
Rick