crowdfunding br

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¹ Journalist graduated from Faculdade Cásper Líbero with a Master’s Degree in Communications from PUC-SP. ² Professor of the Journalism and Publishing Department at ECA-USP and coordinator of the COM+ research group. Crowdfunding in Brazil Guilherme Felitti¹ and Elizabeth Saad Corrêa²

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Page 1: Crowdfunding br

¹ Journalist graduated from Faculdade Cásper Líbero with a Master’s Degree in Communications from PUC-SP.

² Professor of the Journalism and Publishing Department at ECA-USP and coordinator of the COM+ research group.

Crowdfunding in Brazil

Guilherme Felitti¹ and Elizabeth Saad Corrêa²

Page 2: Crowdfunding br

"Crowd + funding"

coined in 2006 to define an online plataform in which

people - mostly unkown to each other - donate money to

a common cause

Crowdfunding in Brazil

Page 3: Crowdfunding br

That’s not random: 95% of the

US$ 2,7 bi to crowdfunding

sites in 2012 were given to

sites in US and Europe.

Crowdfunding in Brazil

The subject has been well explored in academic articles.

Eisfeld-Reschke and Wenzlaff (2011);

Hemer and Joachim (2011)

Mollick (2013);

Aitamurto (2011)

Lambert e Schwienbacher (2010);

Schwien-Bacher e Larralde (2010)

almost no academic reference just US$ 800,000 in 2012

Page 4: Crowdfunding br

Mapping the crowdfunding landscape in Brazil

Between Dec/11 and Dec/13, the research found 30 crowdfunding plataforms - 20 active and 10

already offline.

The analysis comprised:

Crowdfunding in Brazil

* founding date;

* reason of foundation;

* specificity/category;

* the initial investment;

* the amount of projects that were successfully financed;

* the amount passed on to users;

* the business model;

* date of shutting down (data collected for the already offline

platforms).

Page 5: Crowdfunding br

Observed pattern:

National players are only launched when there is a foreign successful pioneer.

In Jan/11, 2 years after KickStarter, Catarse was launched. Its founders classified it as the first Brazilian crowdfunding plataform.

Crowdfunding in Brazil

Page 6: Crowdfunding br

Before Kickstarter, two other sites were already doing crowdfunding in Brazil.

2009

2010

Crowdfunding in Brazil

First generalist crowdfunding in Brazil.

Where? Porto Alegre - RS

Why? Launched to help organize donations for a friend's wedding;

Results: More than 30,000 financed projects.

First plataform focused on musicI, just like ArtistShare

before KickStarter

Where? Rio de Janeiro - RJ

Why? Launched to help organize concerts featuring

international musicians.

Results: More 78 concerts around Brazil.

Page 7: Crowdfunding br

Niches

Music

Social Projects

Crowdfunding in Brazil

Page 8: Crowdfunding br

< 4%of the planned

amount was

achieved, even with

a big coverage on

Brazilian media

Crowdfunding no Brazil

The most well-known crowdfunding project in Brazil: MOPBr