2 ms·
These vaporware ideas still happen with Kickstarter & Indie Go-Go projects, except people aren't even buying equity, just a promise. At least with owning equit
by bduerst 10y ago
These vaporware ideas still happen with Kickstarter & Indie Go-Go projects, except people aren't even buying equity, just a promise.
At least with owning equity there are some legal maneuvers for shareholders to go after mismanaging executives.
- will_pseudonym 10y agoMy favorite example of this is "Solar Freaking Roadways!". It reminds me of the "Monorail!" from The Simpsons. While there doesn't seem to be ill intent in the former, that doesn't matter if the solution is untenable. A fool and his money...
- deepspace 10y agoSee also Fontus (https://www.indiegogo.com/projects/fontus-the-self-filling-water-bottles-sport-camping#/ https://www.indiegogo.com/projects/fontus-the-self-filling-w...) and Egloo (https://www.indiegogo.com/projects/egloo-candle-powered-heater#/ https://www.indiegogo.com/projects/egloo-candle-powered-heat...). Fools and their money indeed...