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StartMe: a closer look at SA crowdsourcing

article Crowdfunding
StartMe: a closer look at SA crowdsourcing
Description StartMe, is a website that lets South African entrepreneurs “crowdsource” funding, operates on a very different model to the popular Kickstarter funding platform.They have opted for a different model, however, with pledges collected and given to project creators if at least 50% of the goal amount is raised. The fee structure at StartMe is different as well, with projects that don’t achieve their goal being charged 9% of the money collected, while projects that hit their target are charged 5%.

“Entrepreneurs can choose if their project is listed as one that is flexible,” Botes said.

SOURCE LINK to full article:http://businesstech.co.za/news/internet/21113/startme-a-closer-look-at-sa-crowdsourcing/
Tags: Ben Botes, Crowdfunding, Crowdsourcing, Headline, Kickstarter, Lourie Nel, StartMe
Tonya Van Dijk Posted by Tonya Van Dijk
Aug 31, 2012 11:13 pm GMT Viewed 1053 times
Author: Jan Vermeulen Source
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