Indiegogo has long been at the forefront of the crowdfunding scene, having been up and running for longer than even industry stalwart, Kickstarter. However, recent news from Indiegogo has led to questions about the health of the platform, such as the co-founder stepping down as CEO to “focus on innovation and growth”; and last week’s news that the firm was letting go of a number of employees as part of a restructuring process. Furthermore, data from YoY has shown that Indiegogo projects declined the Crowdfunding Centre between 2014-15, and it has raised $1bn in total since launching, compared to Kickstarter’s $1.9bn.
Indiegogo has long been at the forefront of the crowdfunding scene, having been up and running for longer than even industry stalwart, Kickstarter. However, recent news from Indiegogo has led to questions about the health of the platform, such as the co-founder stepping down as CEO to “focus on innovation and growth”; and last week’s news that the firm was letting go of a number of employees as part of a restructuring process. Furthermore, data from the Crowdfunding Centre has shown that Indiegogo projects declined YoY between 2014-15, and it has raised $1bn in total since launching, compared to Kickstarter’s $1.9bn.