Phenomenal: Kickstarter Expects to Provide More Funding Than the National Endowment for the Arts This Year - Rebecca J. Rosen - Technology - The Atlantic

via theatlantic.com

Excerpt from The Atlantic, Feb 24, 2012:

"It is probable Kickstarter will distribute more money this year than the NEA," said [Kickstarter co-founder Yancey] Stricker in an exclusive phone interview with TPM. "We view that number and our relationship to it in both a good and bad way."

As Strickler explained, the milestone is "good" in the sense that it means that Kickstarter may now reach a point where it will funnel as much money to the arts as the federal agency primarily responsible for supporting them, effectively doubling the amount of art that can get funded in the country.

"But maybe it shouldn't be that way," Strickler said, "Maybe there's a reason for the state to strongly support the arts."

Posted via email from Siobhan O'Flynn's 1001 Tales