An Analysis Of One Spark Figures, Citing Little Funding Return For Entrepreneurs, Wrankles Organizers

Draw 260,000 people to downtown Jacksonville over five days and you start to attract a lot of questions and analysis. Such is the case for the One Spark crowdfunding festival. A privately initiated analysis of the more than 600 “creators” — mostly fledgling small businesses, musicians and artists — who participated in the event shows that few achieved the funding goals they thought they might reach through crowdfunding. In One Spark’s crowdfunding model, the audience cast votes and then prize money was distributed to the most popular projects. read more