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The Next Big Idea

FUTURE: Can We Build a More Generous World

The Next Big Idea

Next Big Idea Club

Education, Social Sciences, Science, Society & Culture

4.41.3K Ratings

🗓️ 24 December 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

In this episode, we’re peering into the future with Kickstarter co-founder and CEO Yancey Strickler. He’s got a new book out called “This Could Be Our Future,” and it’s all about transforming our world into a more kind and generous place.

Transcript

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0:00.0

It's a snowy day in New York and

0:09.0

it's a snowy day in New York City and

0:12.0

31 year old Jansi Strickler is on his way to what could

0:15.2

be the most important series of meetings in his life. The year is 2009 and Yancey and

0:21.3

his friends Perry Chan and Charles Adler have come up with a simple but they think powerful idea.

0:27.0

They want to use the internet to connect artists, filmmakers, musicians, and inventors with regular people who are willing to put up cash to back their projects.

0:35.1

They spent the last four years developing and honing their business plan.

0:39.5

They've got tons of enthusiasm.

0:42.2

What they don't have is money. So today they're making their

0:47.7

pitch to venture capital firms. Their palms are sweaty and their nerves are

0:52.1

raw as they enter a plush suite of offices.

0:55.2

They're ushered into a conference room that's bigger than their apartments.

0:58.8

They present their idea, summoning the passion that has animated them all these years. And the venture

1:04.6

capitalist reaction is, huh? Why would anyone give money to a total stranger?

1:12.2

But they don't give up. They make their

1:15.1

pitch at another firm and another. And they keep getting shown the door.

1:20.3

Until finally, somebody gets it.

1:24.0

And at 4.30 p.m. on April 28th, 2009, a company called Kickstarter

1:29.0

launches with a project called Drawing for Dollars.

1:32.0

An artist named Dark Pony offers to make a sketch for the highest bidder.

1:36.0

Three days later, the winning bid comes in,

1:39.0

a whopping 35 bucks.

...

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