Wednesday, June 2, 2010

Diaspora project @ kickstarter raised $200k

On May 13 post, I wrote about the story of 3 NYU students who created a prototype of an Open source social network software called Diaspora and promised public to bring the live version at the end of summer if they could raise at least $10,000. Guess what ...6479 people supported them with more than $200,000 in a pledge on kickstarter.com
I have observed something like this first time, when 3 college students got so much media attention and general public, not venture capitalists funded them on a platform like kickstarter. This is like micro financing of dotcom in my opinion and very good for innovation. Timing was just right for these three guys because facebook was getting beaten up pretty much every day in the media in last few weeks over the controversial privacy issue.
I have a feeling that diaspora project will be a success story and start a different trend in getting innovative ideas to the market place. If you interesting in keeping yourself up-to-date with the project, you can join their mailing list.  Wish you all the best Diaspora team !!

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