I agree. I think giving a bunch college students a lot of money to make the "perfect" social network, does not bode well. Money has to come when you have built,

I agree. I think giving a bunch college students a lot of money to make the "perfect" social network, does not bode well. Money has to come when you have built, shipped and performed so people can actually gauge the utility of what you make. The accountability is just not there. I think something like this also does not bode well for kickstarter in general. I know a number of people (musicians, artists) etc. who have raised money but have not come out with anything in over six months.