Earlier this week, Entrepreneur ran a story about the Greek Bailout Fund, a crowdfunding campaign on Indiegogo started by Thom Feeny, 29, of London, England. The mission of the campaign is simple: to tap the power of the people to help the beleaguered country with its desperate financial situation.
After just four days, 82,000 people have raised more than 1.4 million euros ($1.5 million) for the cause. Still, that’s only a fraction of the campaign’s 1.6 billion euro goal. (The 1.6 billion is the amount that was needed for Greece to make its payment to the International Monetary Fund on Tuesday, which it failed to do.)
After just four days, 82,000 people have raised more than 1.4 million euros ($1.5 million) for the cause. Still, that’s only a fraction of the campaign’s 1.6 billion euro goal. (The 1.6 billion is the amount that was needed for Greece to make its payment to the International Monetary Fund on Tuesday, which it failed to do.)
