highgravitybacon
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- Joined
- Sep 28, 2012
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This isn't a kickstarter thread. It's about how awful Kickstarter is. Why would anyone give money to an idea when it's all the risk for you, none of the risk of the recipient? In a traditional venture capital situation, it's totally different. The VC provides the money and in return captures some of the revenue stream from the business or idea. You get none of that with Kickstarter. The recipient takes your money, spends it in any manner they deem fit with no accountability to you, and then if things go well you might get whatever product they promised in a year or two.
I see breweries doing Kickstarter stuff all the time. It's usually "give us a few hundred, get a mug." A mug? For real. Wow. What a bargain. So I give you a bunch of money and in exchange get a piece of $8 glassware that I have to pay to fill? Oh, you include a $9 T shirt, where do I sign up?
Kickstart is the internet equivalent of panhandling. It's just like the vagrants I see congregating on the side of the road with their cardboard signs begging for money to get another beer with.
I see breweries doing Kickstarter stuff all the time. It's usually "give us a few hundred, get a mug." A mug? For real. Wow. What a bargain. So I give you a bunch of money and in exchange get a piece of $8 glassware that I have to pay to fill? Oh, you include a $9 T shirt, where do I sign up?
Kickstart is the internet equivalent of panhandling. It's just like the vagrants I see congregating on the side of the road with their cardboard signs begging for money to get another beer with.