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Got a dream but no cash? Go virtual
Published in The Saudi Gazette on 07 - 09 - 2009

Chris Waddell wants to climb Kilimanjaro in a wheelchair; George Del Barrio wants to make a film in Cambodia; Jeff Edwards wants to write a book about a science fiction writer: they want you to fund their dreams.
A website called Kickstarter.com is making it possible for people like this to raise sums ranging from a few hundred to tens of thousands of dollars to fund anything that captures the imagination of Internet users with a little money to spare. It worked for Emily Richmond, a 24-year-old living in Los Angeles who plans to sail solo around the world for two years.
She has raised $8,142 from 148 people who will receive rewards such as Polaroid photos from the trip, an origami sailboat or a telephone call when she crosses the equator.
Many of the projects on the site are by filmmakers, musicians, artists and writers. Project creators set a time limit and a target. If they don't reach it, they get nothing. Jason Bitner's pitch for $7,500 to pay for post-production of a documentary about the small Midwestern town of La Porte, Indiana, was so popular it raised $12,153. The film is about an archive of portraits by a photographer who died in 1971. Bitner came across boxes of the pictures in the back room of a diner and has published a book. The film features interviews with the subjects 40 or 50 years later.
Independent singer-songwriter Brad Skistimas, 26, has been using the Internet for eight years to promote his one-man band Five Times August. He used Kickstarter to raise $20,000 to finance his new album “Life As A Song,” due out Oct. 13. Donations amounted to pre-orders of the album, giving fans early access as well as additional material such as handwritten lyrics, photos and, for $1,000, dinner with the singer.
Kickstarter co-founder Perry Chen said around $500,000 had been donated in the four months since it was launched, with more than 60 percent of projects achieving their goal. Until now the site has charged no fee, but from mid-September it will charge 5 percent of funds donated to successful projects.


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