Perspective
Apr. 4, 2014
Can crowdfunding handle success?
The problem is that many supporters of crowdfunding refuse to acknowledge that the so-called "New Economy" is still governed by well-established legal authority. By Stephen Ma
Oculus VR, recently acquired by Facebook for $2 billion, is arguably the biggest success story in crowdfunding's short history. Oculus is a virtual reality company, based in Southern California, which raised over $2.4 million in 2012 via Kickstarter. The $2.4 million came from thousands of supporters pledging from $10 to $5,000, or more. The individuals pledging funds received a variety of items, including Oculus posters (for a $15 pledge), T-Sh...
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