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http://www.kickstarter.com/projects/schuyler/lockpicks-by-open-locksport/posts http://www.kickstarter.com/projects/schuyler/lockpicks-by-op... That is an exampl
by Mvandenbergh 15y ago
http://www.kickstarter.com/projects/schuyler/lockpicks-by-open-locksport/posts http://www.kickstarter.com/projects/schuyler/lockpicks-by-op... That is an example of the risk that people take when they fund a project.
Observe how it's fairly obvious from the original video and Kickstarter project that Schuyler Towne isn't exactly an experienced business guy and that these picks are nowhere near ready to actually be manufactured. Nonetheless, a lot of people (me included) contributed some money.
Well, two years later and still no picks, maybe they'll come eventually, maybe he'll never manage it. I rather suspect the latter, since he's blown through the available money and is nowhere near shipping. I'm not really bothered because that's the risk you take when you do speculative funding, but I'm not sure other backers understood that this was what they were doing.
Meanwhile there's a few people commenting on every one of his 60 or so updates who seem to have mistaken Kickstarter projects for Amazon pre-orders, having silly little fits about the money that was 'stolen' from them. Obviously it sucks that they're not getting what they wanted, but if you want a risk free transaction you're free to buy from Amazon.