Until very recently, almost all successful crowd funding camapigns were consumer electronics based. It was as if everyone in Silicon Valley was either starting a new company or giving money to help out their friends or both.
Things have expanded over the last few years. Start up denim companies have been funded with well over $500k. Movies are being produced (Veronica Mars fans rejoice!).
It follows the "Maker" trend. People want to be a part of something.
I'm really intrigued by the concept of using crowdfunding for new product ideas. This method is a fresh and innovative way to generate venture capital for the development of new products during these challenging economic times. Hats off to Scanadu for using this technique so successfully.
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