In May of this year, I tried a crowdfunding experiment using the site GoFundMe. I’ve always been intrigued by Kickstarter and the like; it’s such an interesting model. You spread the investment across a broad number of people, cutting each individual’s financial risk. People get to sign on to help support causes in which they believe, or new product development of interest to them, with no more capital investment than a nice lunch or couple of books or a pair of shoes.
I figured, and then confirmed, that that same functionality was available for personal funding goals. I sat back and looked at the screen for a few minutes, thinking, “Can I do this? SHOULD I do this? Is this something I really want to try?” And then I took a deep breath and signed up. Continue reading