It’s hard to explain how Kickstarter works as a micr0-funding site. The projects are community-centered, but non-charitable, and the incentive for pledging money is often just a simple thank-you note from the founders. Yet every day people donate, and every day new projects are launched.
This year the Asian American Writers’ Workshop has turned to Kickstarter to raise money for Page Turner, an annual literary festival honoring Asian American writers. The kicker: three donors who pledge $500 on the site will earn an hour-long coffee date with either Puneet Agarwal of the early stage capital firm True Ventures or Richard de Silva at Highland Capital Partners, the same firm that led Digg’s $28.7 million Series C investment round in 2008.