Tagged: wisdom of the crowd

Failed Kickstarter Creator Pleads: Stop “Showing Up At My Door”

Did the Creator of the Eventorbot Share a Glimpse Into Crowdfunding’s Dark Side? Frankfort, Illinois resident Duy Dang took to Kickstarter in September of 2012 seeking $25,000 in funding for something called the Eventorbot, described as an “open-source 3D printer.” Between September 12th and October… Read More

Crowdfunding: Crowd Wisdom, Mob Mentality

Photo courtesy jamescridland on Flickr

The concept of “crowd wisdom” is often cited as a strength of crowdsourcing and crowdfunding. The wisdom of the crowd is the process of taking into account the collective opinion of a group of individuals rather than a single expert to answer a question. A large group’s… Read More

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