Experiment ISHLT
61
Transcript of Experiment ISHLT
denny
@
EXPERIMENT HELPS SCIENTISTS DO RESEARCH BY CONECTING THEM WITH FUNDERS AROUND THE WORLD.
est . 2012
What is crowdfunding?
What is crowdfunding?
Publicly-funded research.
How does a parasite create zombie-like behavior?
Big money !=
Good science
Big money
Good science Can get in the way of
Impact is a decelerating function of funding
Number of publications, number of citations, highest cited article, and high impact articles
Animal biology, ecology, and organic & inorganic chemistry
Conclusion:
If you want to maximize impact, spread that funding cross many
Conclusion:
Past $700,000 impact plateaus Berg JM (2012) Science policy: Well-funded investigators should receive extra scrutiny. Nature 489: 203–203.
More importantly,
The costs of doing science are going down.
Less This
More This
$6.2M PLEDGED
465 PROJECTS FUNDED
50K MEMBERS
$6.2M PLEDGED
465 PROJECTS FUNDED
50K MEMBERS
48% FUNDING SUCCESS RATE
2012 2013 2014 2015
$52,000
$520,000$766,000
$3.8M+
Pledge VolumeFacilitatedPER YEAR
Every two days, a new project gets funded.
Every two days, a new project gets funded.
Every minute, $2 goes to science!
32 PAPERS PUBLISHED
120+ CONFERENCE TALKS & POSTERS
4,200 LABNOTES, 350+ DOIs
Paper
Talk
Poster
TOTAL RAISED:
NUMBER OF PAPERS:
FUNDING PER PAPER:
TOTAL RAISED:
NUMBER OF PAPERS:
FUNDING PER TALK:
TOTAL RAISED:
NUMBER OF PAPERS:
FUNDING PER POSTER:
$162,485
31
$5,241.45
$437,305
71
$6,159.23
$205,410
44
$4,668.41
Who is funding these projects?
1,438 repeat backers
$120 average pledge
Thanks!
Questions?
1. Is it research?
2. Are you real?
3. Can you meet the goals?
Our review criteria
1. Is it research?
2. Are you real?
3. Can you meet the goals?
Our review criteria
Not raising money for a company, or teaching a class. A research-driven project.
1. Is it research?
2. Are you real?
3. Can you meet the goals?
Our review criteria
Not raising money for a company, or teaching a class. A research-driven project.
Are you who you say you are? Can be paid out to a U.S. bank account.
1. Is it research?
2. Are you real?
3. Can you meet the goals?
Our review criteria
Not raising money for a company, or teaching a class. A research-driven project.
Are you who you say you are? Can be paid out to a U.S. bank account.
Project goals are realistic, and you have the resources & experience needed.
plan and get early feedback
Do:
plan and get early feedback
Do:
the more preparation you do beforehand, the more fun it gets
Backers
Y = 53.217X + 1799 R² = 0.3977
Average pledge is $53
$20k
$16k
$12k
$8k
$4k
Fu
nd
ing
Rai
sed
30050 100 150 200 250
Backers
60,00010,000 20,000 30,000 40,000 50,000
Pageviews
$20k
$16k
$12k
$8k
$4k
Fu
nd
ing
Rai
sed
Page traffic
Y = 0.2531X + 3282.6 R² = 0.12656
Each pageview brings $0.25
60,00010,000 20,000 30,000 40,000 50,000
Pageviews
$20k
$16k
$12k
$8k
$4k
Fu
nd
ing
Rai
sed
Page traffic
Y = 0.2531X + 3282.6 R² = 0.12656
Each pageview brings $0.25
See more at bit.ly/1QE7raT
find new and existing audiences
Do:
the internet makes it easy to find and connect with people
find new and existing audiences
Do:
there is an audience everywhere
46.7% success rate
0% 40%20% 60% 80% 100%
100%
80%
60%
40%
20%
Project Funding Goal Progress
Like
liho
od
of P
roje
ct S
ucc
ess
Project Funding Rates
92.7%
treat it like a grant
Don’t:
treat it like a grant
Don’t:
money does not just appear, you are in control
treat it like you’re begging for money
Don’t:
treat it like you’re begging for money
Don’t:
instead, invite others into a unique chance to move science forward
How does a parasite create zombie-like behavior?
This isn’t about funding
This is about independence.
A world where anyone can be a scientist.
