A study of Kickstarter projects showed that 54.2% were successful, that is, achieved its goal and raised
A study of Kickstarter projects showed that 54.2% were successful, that is, achieved its goal and raised at least the targeted goal amount. In an effort to identify network dynamics that influences success, projects were subdivided into projects of owners who had backed other projects before, during or after creating their project ( owners with backing history), and projects of owners without backing history. The results are as follows:
a. Construct a side- by- side bar chart of project outcome and project owners backing history.
b. What conclusions concerning the pattern of successful Kick-starter projects can you reach?
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PROJECT OWNER'S BACKING HISTORY Backing No Backing 17,667 28.588 PROJECT OUTCOME HstoryHistor Total 36,869 68,057 19.202 Successful Not suceessful Total 10.921 0267 31.188 39.469 Source: Data extracted from Zvilichovsky et al., Playing Both Sides of the Market: Success and Reciprocity on Crowdfunding Platforms." bit.ly/OoyhgZ
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