4 ms·
> You are literally pre-paying full price for a small chance that a product will actually be shipped to you. Anecdotal, of course, but "small chance" for me is
by ulkesh 9y ago
> You are literally pre-paying full price for a small chance that a product will actually be shipped to you.
Anecdotal, of course, but "small chance" for me is that I have received 28 out of 29 projects I've helped fund in roughly the time-frame outlined. Only one project did I simply waste money on (the Lunecase for iPhone). For me, that's a 96.6% success rate of crowdfunded items I've backed.
The reason I crowdfund is for the product, sure, but also for the extras that the main product won't have upon release. It's not so much bragging rights, I couldn't care less about that. It's because I feel like I'm getting more for my money, well, because I am.
Maybe I'm just lucky.
- StavrosK 9y agoMaybe you're just better at due diligence than the average person (who can't really be expected to know how products get launched and what the red flags are).
- ulkesh 9y agoI would love to think so! But sadly I've been burned on some things in the past as well (usually trusting that Amazon ships me the right item, eBay, that one item on Kickstarter, etc). I do my best to check seller reviews/ratings on typical eCommerce sites, but with Kickstarter it's more about experience of previous campaigns (like Cool Mini or Not, I trust them implicitly now). I do agree with you, though, that crowdfunding, as a concept, is a caveat emptor situation. Sadly, as is the case in the United States anyway, caveat emptor seems to be the norm.