More companies, including some in Kansas, are taking advantage of a new way to raise money and get ideas to market. Entrepreneurs show off their great ideas on websites like Kickstarter, and those who choose to can donate money to the cause. Crowdfunding was the subject of Friday’s Wichita Business Journal cover story.
Without crowdfunding, Roll20 might just be a hobby or side project for Wichita software developer Riley Dutton.
It started because he wanted a way to play tabletop games like Dungeons and Dragons online with his friends. He built some imperfect software in his free time to do that — something he says probably would never have been backed by a venture capitalist.
But a friend saw potential for the crowd to support the project. He convinced Dutton to create a $5,000 Kickstarter campaign to raise the money needed to improve the product.
The $5,000 goal was surpassed in five hours …