Crowdfunding Success Stories: Detroit Soup
In conjunction with AOL Originals’ latest finance series, Funded, host Baratunde Thurston explores success in crowd-funded business. In this episode, Thurston pays a visit to Michigan non-profit organization Detroit Soup. An unconventional take on crowd-funded efforts, Detroit Soup relies on crowdfunding, but operates separately from more the more prevalent internet platforms like Kickstarter and Circle Up.
Instead, the Detroit Soup concept relies on regular community attendance for support. Meet Detroit Soup’s director, Amy Kaherl, and learn how hosting monthly soup suppers serves to foster community, while providing a much-needed financial boost to local entrepreneurial efforts—benefiting profit-driven and non-profit projects alike.