Making Markets with Prof. Scott Duke Kominers (HBS) & James Currier
The NFX Podcast
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How Much Does GoFundMe Cost?
GoFundMe has a guarantee that it will give money back to donors even if they've spent the money. The company vets every individual campaign and runs tons of them. GoFundMe says, Hey, here's our media team. You know, we've got a bunch of experts in promoting campaigns. We notice your campaign is going viral. We want to double that. And so you don't have to do that as many first because of social proof,. second because a lot are staying away. And third, so that's the guarantee the insurance value.
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