3 ms·
The basic premise here that crowdfunders are investors is wrong. They're idea backers - people that are willing to donate money to see great ideas come to life.
by ajiang 10y ago
The basic premise here that crowdfunders are investors is wrong. They're idea backers - people that are willing to donate money to see great ideas come to life. Kickstarter says this themselves, and it's a little strange to make the jump that a backer == and investor. Wouldn't you agree?
- brudgers 10y agoI think the reputation stems primarily from crowdfunders ultimately receiving less than was expected earlier when the money changed hands. So I think "investor" might be overly generous for crowdfunding projects where the sales pitches that are structured like advertisements for consumer products. That's not to say that there are not crowdfunders who are having fun funding projects while recognizing there is little or no chance of delivery. What I am saying is that the reputation comes from people without that view of the world. All that with the caveat that my definition of 'donate' appears to have a different connotation.