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Detailed text transcripts for TV channel - CNN - 20101011:08:40:00

On a wednesday night to watch boston area chefs demonstrate how to break down a pig. it s good to get the name out there, keeping up the buzz, the anticipation. the anticipation is over the butcher shop vadim hopes to open by the end of the year featuring locally raised sustainable meats but raising money has been a challenge. financing has been hard. after liquidating a 401(k) in the spring, connected with a site called, kickstarter.com. send an idea. if it s approved you set up a page with a fund-raising goal. backers, every day internet users donate cash and receive rewards in return. it s not charity. it s not charity. it s somewhere between patronage and commerce. more than 200,000 people from all over the world have given $20 million to projects since kickstarter has been around. ....

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Detailed text transcripts for TV channel - CNN - 20101011:16:33:00

Users, they donate cash, and receive rewards in return. nancy strickler is co founder. so it s not chaerd. it s not charity, it s somewhere between patronage and commerce. more than 200,000 people from all over the world have given $20 million to projects in the year-and-a-half kickstarter has been around. sure. well, there s another one right now going really crazy. it s called gliff and it s basically a really clever iphone stand. the makers of the stand raised 36,000 the first day online. wow. and so what do people get in return? so here they get the stand for 20 bucks. in cambridge, massachusetts, he raised $1600, enough to secue a five-year lease for his shop. we have people as far away as finland have donated. sights like kik starter, and ....

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Detailed text transcripts for TV channel - CNN - 20101011:11:22:00

Online to get money? here s how. vadim isn t your grandmother s butcher. more than 200 people showed up on a wednesday night to watch vadim and a handful of boston-area chefs demonstrate how to break down a pig. it s always good to get the name out there. it s keeping up the buzz, keeping up anticipation. the anticipation is over the butcher shop vadim hopeso open by the end of the year featuring all locally-raised meats. financing has been very hard right now. reporter: after liquidating a 401(k) in the spring, vadim connected with a site called kickstarter.com. send the site an idea, if it s approved, you set up a page with a fund-raising goal. and backers, every day internet users donate cash and receive rewards in return. ....

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Detailed text transcripts for TV channel - CNN - 20101010:19:41:00

Rewards in return. it s not charity. it s not charity. it s somewhere between patronage and commerce. more than 200,000 people from all over the world have given $20 million to projects since kickstarter has been around. there s another one going crazy. it s called glif, a clever iphone stand. the makers of the stand raised $36,000 the first day online. what do they get in return? they get the stand for 20 bucks. vadim raised $16,000 from 200 backers online, enough to secure a five-year lease for his shop. the majority is from boston. but we ve got people as far away as finland. it s really humbling to see that many people want to have your idea. sites like kick-starter, pier to pier lenders like prosper, ....

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Detailed text transcripts for TV channel - CNN - 20101009:17:40:00

Butcher. more than 200 people showed up on a wednesday night to watch fad imand boston area chefs break down a pig. it s good to get the name out there, keeping up the buzz, the anticipation. the anticipation is over the butcher shop vadim hopes to open by the end of the year featuring locally owned, sustainable meats but raising money has been a challenge. financing has been hard. after liquiding a 401(k) he connected with a site called kickstarter.com. send an idea. if it s approved you set up a page with a fund-raising goal. backers, every day internet users donate cash and receive rewards in return. here is the co-founder. it s not charity. it s not charity. it s somewhere between patronage and commerce. ....

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