Indiegogo CEO: We're Already Seeing Apple Pay Usage

The video discusses the excitement around Apple Pay and its partnership with Indiegogo, highlighting the impact on crowdfunding projects. It explains Indiegogo's model, featuring case studies of successful campaigns like Neil D'souza's speaker and Skybell's video doorbell. The video also compares Indiegogo with Kickstarter and provides personal insights into Slava Rubin, Indiegogo's co-founder.

What was the initial reaction to the launch of Apple Pay?

• It was ignored by most companies.

• It generated excitement and was seen as a major innovation.

• It was considered a minor update.

• It was met with skepticism.

How does Indiegogo help individuals raise money?

• By providing loans.

• By selling their products directly.

• By offering investment opportunities.

• By allowing them to create a fundraising page and reach out to their network.

What was the unique feature of the Core portable speaker?

• It was solar-powered.

• It could project sound as if it came from multiple directions.

• It was the first wireless speaker.

• It was the smallest speaker ever made.

What was the primary goal of the Skybell project?

• To design a new home security system.

• To build a smart thermostat.

• To develop a video doorbell that connects to smartphones.

• To create a new type of smartphone.

How does Indiegogo differ from Kickstarter?

• Indiegogo requires a higher commission fee.

• Indiegogo is open to any idea without limitations.

• Indiegogo only supports tech projects.

• Indiegogo only operates in the US.

What happens if a campaign on Indiegogo does not reach its funding goal?

• The campaign is deleted from the platform.

• The outcome depends on whether the campaign chose fixed or flexible funding.

• The campaign owner receives no money.

• The campaign is automatically extended.

What is a key benefit of using Indiegogo for crowdfunding?

• It offers free advertising on social media.

• It allows for anonymous donations.

• It guarantees a fixed return on investment.

• It provides market validation and builds relationships with funders.