We’ve all seen tons of successful Kickstarter projects raise thousands upon thousands of dollars, but what about the Kickstarter projects that don’t make their funding goals? Apparently failed Kickstarter projects are far more prevalent than you may think! A new infographic from AppsBlogger reveals that a whopping 41.3% of Kickstarter projects don’t make the cut.
Jeanne Pi of AppsBlogger, inspired by Dan Misener’s post, Kickstarter hides failure, “had a scraper script written that was able to scrape all the projects as of June 2, 2012, including those that failed to achieve their funding goal.” 45,815 projects were scraped, in total, and the findings are pretty surprising. Turns out that only 50% of them were successful projects, 8.5% were still live and, as stated above, 41.3% of the projects were failures.
It should be noted, however, that it doesn’t look like many of these failed projects raised much money at all. According to the infographic the 45,815 projects scraped raised a pledge total of $214.5 million. 92.1% of this money can be attributed to successful projects, while only 7.9% can be attributed to the failures.
Check out the full infographic below to find out things like the categories of the most successful projects, the most popular and most competitive categories, the duration of successful and failed fundraising campaigns and more and let us know what you think. Are you surprised by the Kickstarter failure rate?
Megan O’Neill is the resident web video enthusiast here at Social Times. Megan covers everything from the latest viral videos to online video news and tips, and has a passion for bizarre, original and revolutionary content and ideas.