Wednesday, December 11, 2013

Crowdfunding good governance

Like many other educated, emancipated, intelligent, idealistic denizens out there, I too tended to avoid politics and considered the omnipresent, overt & covert culture of politicking the bane of this country – and this till I came across the cleansing potential of the broom and relished the realization that the eye-of-the-storm is the best vantage point for any one claiming to wanting to scrub-out the corrupt political typhoon & that staying on the fringes would have only increased the chances of their getting blown away.

Like many of the aforementioned illuminati, I too was cynical about what these Gandhi-capped, broom-wielding weirdos would achieve in their fanciful war against the high and mighty of the Indian political class – and this till I came across their online campaign to collect funds to fight the elections & the success of this Obama-like model that I never assumed will gain any traction in India.

Crowdfunding models fascinated me always and I’ve been tracking this model of enterprise creation and sporadically touched upon these aspects on my blog. While I can’t really prophesize on whether crowdfunding is indeed the paradigm-shift or is more a tectonic-shift in the entrepreneurial terrain, I’m but all sold on what the broom-wielders have demonstrated, the possibility of crowdfunding clean governance or more appropriately, the possibility of crowdfunding the promise of clean governance.

What kicks me up is the fact that in order to invest in this promising enterprise, I don’t need to be an accredited investor nor comply with the lower and upper limits of individual funding - What warms my cockles is the fact that I don’t need to bother measuring my returns in absolute quantitative terms and yet cherish the qualitative outcome. And what comforts me is the fact that my exit would also mean the exit of a stagnant enterprise & that would pave way for another cycle of funding a promise.

I like change, I love the promise of a change & now I dig crowdfunding the promise of a change.

Like hell, I-am-a-glass-is-half-full guy – Cynics, eat your heart out.


Disclaimers & Disclosures:
  • I have donated Rs.1000/- to AAP, against an email appeal received from Arvind Kejriwal, vide online transaction number 6996652 on 09 May 2013 15:33.
  • Neither I nor any members of my family, friends & acquaintances have contested the recently concluded Delhi elections nor any are members of AAP 

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