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RocketHub founder Brian Meece on crowd funding June 12, 2012.

http://blogs.canada.com/2012/06/12/rockethub-founder-brian-meece-on-crowd-funding/
21 words 5 learners

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Full list of words from this list:

  1. launch
    propel with force
    When Brian Meece first launched RocketHub he thought he and a few friends would use the platform to raise money for their artistic projects.
  2. platform
    a raised horizontal surface
    When Brian Meece first launched RocketHub he thought he and a few friends would use the platform to raise money for their artistic projects.
  3. founder
    a person who establishes some institution
    In the two years since Meece and his two co-founders started the crowd funding site, it has grown immensely.
  4. funding
    financial resources provided to make some project possible
    In the two years since Meece and his two co-founders started the crowd funding site, it has grown immensely.
  5. immensely
    to an exceedingly great extent or degree
    In the two years since Meece and his two co-founders started the crowd funding site, it has grown immensely.
  6. phenomenon
    any state or process known through the senses
    Digital crowd funding isn’t a new phenomenon—sites like Spot.us and SellaBand.com have been around since 2008.
  7. rival
    the contestant you hope to defeat
    But in the last year sites like RocketHub and its biggest rival, Kickstarter, have popularized the concept and pushed it towards the mainstream.
  8. concept
    an abstract or general idea inferred from specific instances
    But in the last year sites like RocketHub and its biggest rival, Kickstarter, have popularized the concept and pushed it towards the mainstream.
  9. mainstream
    the prevailing current of thought
    But in the last year sites like RocketHub and its biggest rival, Kickstarter, have popularized the concept and pushed it towards the mainstream.
  10. estimate
    judge tentatively
    RocketHub gives a real time estimate of how much a project has raised.
  11. format
    the general appearance of a publication
    Tech startups like Brydge, which raised $697,000 on Kickstarter to fund its iPad keyboards, are also big fans of the format.
  12. academic
    associated with an educational institution
    Now a lot of scientists, academics, entrepreneurs and philanthropists have started to use the site.
  13. entrepreneur
    someone who organizes a business venture
    Now a lot of scientists, academics, entrepreneurs and philanthropists have started to use the site.
  14. philanthropist
    someone who makes charitable donations
    Now a lot of scientists, academics, entrepreneurs and philanthropists have started to use the site.
  15. differentiate
    acquire a distinct character
    “It’s been a really great fit for us and it has differentiated us in the market.”
  16. venture
    an undertaking with an uncertain outcome
    Three things Meece says a successful crowd funded venture needs:
  17. captivate
    attract; cause to be enamored
    Interest: Something that captivates emotion, something that gets people excited and tells a story, led by a real person with passion and authenticity.
  18. authenticity
    undisputed credibility
    Interest: Something that captivates emotion, something that gets people excited and tells a story, led by a real person with passion and authenticity.
  19. validate
    confirm the legal force of
    Community: Some sort of community that can validate it.
  20. traction
    the friction between a body and a surface on which it moves
    Often projects are initiated within their own communities and they find new communities online but they’re really validated and they get that first traction within their own community or core audience.
  21. core
    the center of an object
    Often projects are initiated within their own communities and they find new communities online but they’re really validated and they get that first traction within their own community or core audience.
Created on Tue Jun 12 20:59:39 EDT 2012 (updated Tue Jun 12 21:20:50 EDT 2012)

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