05/01/2012 01:48 pm ET Updated Jul 01, 2012

Kickstarter Turns 3: 'We're Still Learning How To Use It'

NEW YORK -- Three years into the web's most popular crowdfunding experiment, Kickstarter is still learning the ropes.

The Lower East Side-based startup celebrated its third birthday on Saturday, Apr. 28 in with some impressive stats. More than 2 million people have shelled a combined $200 million to back 22,000 projects running the gamut from smartwatches and tin-can microphones to videogames and feature films.

But at the Wired Disrupt Business Conference Tuesday, co-founder Yancey Strickler explained that the company is still learning how to run itself with the help of a dedicated community of users.

"We didn't have many instructions on the site because we didn't know how it was going to work," Strickler said. "We still don't even know the best way to use it."

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