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Corporate

Feb. 21, 2013

'Crowdfunding' creates landmines

The overwhelming success of crowdfunding via sites like Kickstarter raises questions about what could happen if the people behind the pitch don't deliver.


By Jean Yung


Daily Journal Staff Writer


After an idea for a yet unnamed game by Double Fine Productions Inc. raised $3.3 million from more than 80,000 backers on Kickstarter last March, it became for a time the biggest project in the site's history. The San Francisco developer's success inspired tens of thousands of first-time backers to pledge money to video game projects and prompted other game makers to look at the site in a new light.

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