As it turns out, people just love giving money to friends, family, and complete strangers -- so long as the recipients have articulated a clear vision for the investment on a crowdfunding site like
Kickstarter. As such, Indiegogo, another fund-raising site, just raised $40 in a Series B round of venture financing led by IVP and Kleiner Perkins. “The infusion of money adds another notch of
credibility and legitimacy to crowdfunding,” The New York Times’ Bits blog writes.
Read the whole story at The New York Times »
