Kickstarter and the 1,000 True Fans

Andy Baio, who recently took the position of CTO at Kickstarter, on their amazing stats to date:

Based on data from the first three months of Kickstarter’s existence, it looks like there’s more than something to it. To date, if a project manages to get to 25% of its funding goal, it has a 94% success rate.

I’m convinced that Kickstarter is really on to something.

★ Friday, 24 July 2009