Grasp
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Business & EconomicsCourse 04

The Crowdfunding Goal

All-or-nothing funding turns your target into a bet. Move the goal and watch the share of campaigns that collect nothing move with it.

Core~16 minGrasp
CrowdfundingAll-or-nothingMonte CarloThreshold riskExpected valueSignalling
Step 01The rule that changes everything

Fall one rupee short and you receive nothing.

On an all-or-nothing platform, pledges are only collected if the campaign reaches its goal. Miss it by a rupee and every backer is refunded. The founder gets nothing.

So the goal is not a target. It is a threshold, and picking it is a decision under uncertainty. You are choosing where to put a cliff.