The Seattle Times

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BENJAMIN BENSCHNEIDER / THE SEATTLE TIMES
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Wednesday, April 3, 2013

Startups troll for money on the wide-open Web

Ryan Kim of Lynnwood was afraid no one would want the compact wallet he designed, so he didn't tell family and friends he was using an Internet fundraising site to amass the money to manufacture it. He needn't have worried. Kim was hoping to raise $15,000 but got more than $86,000 from more than 2,400 backers.