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I think the point that the person is trying to make is that when you pledge money on kickstarter, you are doing it in hopes that you will see the product emerge

I think the point that the person is trying to make is that when you pledge money on kickstarter, you are doing it in hopes that you will see the product emerge -- because you want to buy/use it. An angel investor rarely invests because they want the product. They invest because they want the ROI. In that sense, having an investor take care of the funding so that the product comes to market is a good thing for the kickstarter pledger. Presumably a successful kickstarter campaign helped secure the investor. It's a success from that perspective.

smoyer 9y ago
For Kickstarter to continue to function, most projects need to deliver what the backer originally wanted - this, in a way, represents an ROI since (presumably) the product of the campaign was worth more to the backer than the amount they spent. There are of course a whole tier of backers that get stickers or just thanks for backing projects at lower tiers - these backers are altruists who believe that the project is worthwhile without expecting compensation.