06/25/2012 09:18 am ET Updated Jun 25, 2012

When A Kickstarter Project Threatens To Fail

The crowd-funding site Kickstarter, as we’ve written, can be a wondrous tool. Entrepreneurs post an idea for a new product and then turn to the Internet community to raise capital to fund its development. According to the site’s new statistics page, Kickstarter has helped 60,786 project creators raise $261 million.

When it works, the site pleases everybody.

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