Breakout – Bringing the Pioneers of the Future Together
In this episode of the Breakout with Newt Gingrich podcast, Newt discusses the effect that crowdsourcing has on the way individuals and groups raise money for a new project or idea. Crowdsourcing websites such as Kickstarter.com allow creative entrepreneurs to propose their project to the public and allow them to pledge as little or as much money as they see fit. Using 21st centurytechnology that allows the public to congregate in one place has led to thousands of projects to become funded. Allowing people to have the choice about which projects are truly worthwhile also helps entrepreneurs to refine their project in order to hit their goal of raising the amount of money needed to fund their project.
For more on Breakout, tune in to this podcast each week, and read Newt’s new book, Breakout.