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Patrick Kitano
Works at The Breaking News Network
Attended Columbia University
Lives in San Francisco
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Patrick Kitano

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Must read, and Jason's comment checkmating Marc Andreesen's defense of FB's revenue model is worth it
Summary: Brands and prominent users like comedian Rainn Wilson are complaining about Facebook’s algorithm changes and how that forces them to pay money to reach their fans and followers — but Facebook has always been that kind of network. It controls the signal-to-noise ratio, not you
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You were there at the beginning
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Patrick Kitano
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An overview of the evolution of The Breaking News Network
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How we develop national viral buzz simply by RTing the tweets of good causes in a massive advocate network
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Hey Debbie, Kickstarter has a lot of limitations. It can't engage very well beyond family and friends. The main reason I like this article is this top comment (I should have highlighted this) http://www.theatlantic.com/technology/archive/2013/09/the-failures-of-crowdfunding-no-kickstarter-cannot-support-an-opera-company/280118/#comment-1064687084 ----

I disagree that the City Opera's failure reflects on the limitations of Kickstarter in any way--it reflects on the failure of the City Opera's development staff to accurately identify their prospects using Kickstarter and its purpose.

For philanthropy, you cannot sell obtuse goals, like supplementing your annual budget, to Kickstarter. You can sell programs, and only programs. And people like dreamers. See the +Pool: http://www.kickstarter.com/pro... It's also not in any way surprising, I think you'll find, that the +Pool raised close to what City Opera has.

This is pretty basic fundamentals for fundraisers! Programs always sell well. Would you rather keep the lights on for Heifer International, or would you rather buy some needy family a cow? The answer is pretty obvious.

City Opera could have run a number of separate Kickstarters, each with far more modest and reasonable goals, for people to back each one of their shows. I imagine Anna Nicole would have cleaned up, actually. Instead, they treated Kickstarter as some sort of old Annual Fund drive. It's a fundamental mischaracterization of the platform and it led to this Kickstarter's failure.

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Crowdfunding is about "programming" not fundraising.
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A review of new business models for local media
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Mirrors some of what we are seeing here in Ballard neighborhood of Seattle, less than 1-2 mth supply of homes, multiple offers ending in price over the offer price. 
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Story
Tagline
Hyperlocal media and advocacy based crowdfunding
Introduction
Founder of BNN Funding, a crowdfunding platform that syndicates campaigns across 350 cities with advocate marketing support in each city.

Founder of The Breaking News Network, the largest hyperlocal media network devoted to social good.


(415) 573-2481
Education
  • Columbia University
    MBA
  • University of California, Berkeley
    AB Geophysics
Basic Information
Gender
Male
Work
Occupation
Crowdfunding national campaigns across 350 cities with advocate marketing support
Skills
Finance, Media, Hyperlocal
Employment
  • The Breaking News Network
    Founder, present
  • BNN Funding
    Founder, present
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
San Francisco
Previously
New York City - Tokyo - Berkeley