makers faire presentation

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Launch, Fund and Fly! World Maker Faire New York 2012 Brian Meece CEO & Co-Founder, RocketHub Inc. [email protected] RocketHub.com

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Page 1: Makers Faire Presentation

Launch, Fund and Fly! World Maker Faire New York 2012

Brian Meece CEO & Co-Founder, RocketHub Inc. [email protected] RocketHub.com

Page 2: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

What is RocketHub? Top Global Crowdfunding Platform

Launched: February 2010

Total Projects: 10,000+

Total Funding: Millions

Homebase: Harlem, NYC

RocketHub is on a mission to educate and support entrepreneurs, scientists, artists, academics, and organizations.

Page 3: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

2010 2012 2010 2011

Arts Sciences

National Endowment for the Arts Annual Budget

$167MM

$146MM

National Science Foundation Annual Budget

$7.0B

$6.8B

Traditional funding is tougher to get.

All of the traditional sources of cash for science – government agencies and private foundations – are getting harder and harder to access. So what is a scientist to do? – Scientific American, Fall 2011

Page 4: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

What is crowdfunding?

… an event that harnesses a network of supporters for funds, awareness,

and feedback.

Page 5: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

New spin on old idea.

da Vinci (patronage)

+ Social Media (mass)

= Crowdfunding

(mass-patronage)

Page 6: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

How does it work?

The Three Pillars

Page 7: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

I. The Project

Be great

Make a statement

Tell us why

Page 8: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

Case Study: Tweets in Space

Crowdfunded $10,000 to spam alien lifeforms.

Page 9: Makers Faire Presentation

The public loved it!

Page 10: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

II. The Network

Sour

ce

Firs

t Deg

ree

Seco

nd

Degr

ee

Entrepreneur, Artist, Scientist, Maker, etc.

Friends, Family, Colleagues

Broader Communities

Page 11: Makers Faire Presentation

Duct tape (lot’s of it)

Andy Krafsur Crowdfunded $25,000+ to bring his new shoe design to reality

Case Study: WaveSpring Shoes

Page 12: Makers Faire Presentation

A Maker that people believed in

Page 13: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

III. The Rewards

Sell the value

Levels of impact

Fun perks

Page 14: Makers Faire Presentation

Case Study: Afia - Fashion Design

Meghan Sebhold Crowdfunded her fashion venture

Page 15: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

Who it works for.

User: Individuals and organizations with an established core of supporters and with a clear project goal.

Fundraising sweet-spot: $3,500 - $35,000

Timeframe: 15 – 90 Days

Support: RocketHub offers infrastructure, credibility, and support through a dedicated platform and expert team.

Page 16: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

JOBS Act = Game Changer

Crowdfunding for Equity

Democratization of Venture Capital

RocketHub-SEC Whitepaper

Page 17: Makers Faire Presentation

© 2012 RocketHub. All Rights Reserved.

Be our friend.

@RocketHub Facebook.com/RocketHub [email protected]