Isn't the 1bn just for pledged money though? Is there a breakdown of what percent of pledged dollars actually gets funded (when KickStarter takes their cut).
Not saying they didn't do well, but I'd estimate the cut they make is somewhere closer to 30-40mm and not 50mm.
$859M in successful dollars which comes to $43M, though that doesn't count current pledges for projects that will go on and succeed (there are currently $24M "live" dollars).
Not saying they didn't do well, but I'd estimate the cut they make is somewhere closer to 30-40mm and not 50mm.