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On Wednesday, the creator of the much-loved but relatively short-lived TV series Veronica Mars took to Kickstarter to raise money to make a movie version of the show. In less than 12 hours, fans pledged more than $2 million, smashing the site's records along the way.
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Crowd funding has proved popular for bands raising money to produce a new album and for producers of documentary films. Now scientists are getting into the act, and some are raising money from the very people they're studying.
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What do you do when you're a scientist and you have no job and no money for your research? If you're Ethan Perlstein, you try crowd funding. He raised $25,000 to investigate where the drug methamphetamine is stored in the brain.
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Kickstarter, the crowd-funding site that pairs indie-minded entrepreneurs with online investors, funded more than 18,000 projects in 2012, according to its end-of-year analysis. The site says more than 2.2 million people pledged nearly $320 million, with 17 projects raising more than $1 million.
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Crowdfunding is a simple way for anyone to ask for money online from friends, family and even strangers. One woman raised $10,000 to help her neighbors affected by Hurricane Sandy. She's been hand-delivering checks to owners of damaged businesses and people who just need the extra lift.
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Some local companies are cashing in on an unconventional financing method, raising money through crowdfunding.KUNC's Erin O'Toole talks with Boulder…
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Two bands, Los Angeles-based A House For Lions and Maine's The Mallett Brothers, add up what they've spent while asking you for money.
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Matthew Inman, creator of the web-comic "The Oatmeal," has gained notoriety recently for raising over a million dollars through 'crowd funding.'Online…
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Crowd funding isn't just for hipster artists anymore. In 2012 alone, users of the site GoFundMe have raised more than $6 million for personal medical causes.
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Musicians have to spend money and a lot of time to hit their crowd-funding goals, so failure is expensive. But for some people, at specific moments in their careers, crowd funding can be a piece of the puzzle.