Sites like Kickstarter have been used to crowdfund a wide range of projects, but I don't think they've ever done what
Synergist is attempting today ? they've never crowdfunded themselves. The site was founded by 17-year-old Jared Kleinert, who described
Synergist as a mix of crowdsourcing and crowdfunding for social enterprises (i.e., organizations that aim to do good, rather than make money, but apply commercial strategies to achieve those aims). The funding mechanism is pretty similar to Kickstarter ? projects need to reach their funding target in order to receive any money, and the money is given for rewards, not equity. But Kleinert emphasized that the fundraising is really only a small part of the process.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/qZLIR-aB_w8/
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