What can you accomplish in six seconds? Unwrap a piece of gum, tie your shoes, or make a very short movie. That’s the premise of Twitter’s video app, Vine — recording video and audio for no more than six seconds.
When it comes to raising money for the arts, Kickstarter has become the place to go. Since it launched in 2009, the crowd-funding site has successfully delivered over $400 million to creative projects, including three films currently up for Oscars. But for all of Kickstarter’s success, funding creative work is still risky business. A study out of Wharton counts 3.5% of funded projects drop the ball. Small, but significant enough to raise the question: what happens to that money?