Riipen's massively successful crowdfunding campaign has one important lesson
Why It Matters
The power of crowdfunding is hard to ignore. Crowdfunding campaigns have raised $34 billion globally, and are on pace to raise nearly 10 times that within the next decade. We explore how non-profit organizations and social enterprises are using crowdfunding platforms to advance their causes.
Photo: riipen.com
In our last article on crowdfunding, we looked at how crowdfunding works, crowdfunding examples, and whatโs next for this fast-growing form of fundraising. In this article, we explore how non-profit organizations and social enterprises are using crowdfunding platforms to advance their causes.
Crowdfunding for capitalโand champions
When Dana Stephenson graduated from university, he and his friend Dave Savory wanted to improve society by helping graduates get the real-life skills that they needed.ย
Starting from a class project in 2013, they created Riipen (
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