"Kickstarter vs Indiegogo" Topic

There is a significant difference between KS and Indie. With KS, they only offer an all or nothing option – if you ask for $10 USDK and raise $9,990 USD, you get nothing.

With Indie, they offer two models – fixed and flexible. With flexible funding, the creator gets whatever is pledged (minus fees of course).

The concern of course is what happens when a creator asks for $10 USDK under flexible funding and raises (and receives) maybe $6 USDK from Indie funding. The answer seems to be "well, thanks for the $6 USDK and I'll get back to you when I find another $4 USDK…"

Just something for people to be aware of if they haven't read the "fine print".

Another big difference is that IIRC Indiegogo does not gain any money off of projects while KS skims a percentage

Maybe its me but I find KS to have a much greater audience compared to indiegogo (so in essence you're paying KS for some advertisement space)

And Indiegogo, once again in my opinion, seems to be much less moderated so you'll find much more "mundane" projects like "help us fund our minecraft server" or something like that

Kickstarter definitely sees better volume, and has a somewhat higher successful funding rate – Indie would look even worse on that score if it weren't for their flex-funding option.

Indiegogo definitely do take a percentage – it is higher if you select the option to receive any money pledged rather than
a fixed goal.

They charge 4% for a campaign plus 3% card fee. If you don't reach your funding but select the flexible type of project it is a 9% feee.

Kickstarter is 5% if you reach your goal and then 3-5% for the amazon fee on top.

Mike

Indi is also open to non-US business with overseas bank accounts. Kickstarter is only for those with US bank accounts.

Kickstarter is now available to people in the UK as well as the USA

Mike