3 ms·

"Not all projects fail" is not the same thing as "creators don't have to fulfill". Again this is why you run the Kickstarter through a bespoke LLC as that shie

"Not all projects fail" is not the same thing as "creators don't have to fulfill". Again this is why you run the Kickstarter through a bespoke LLC as that shields you from liability if you can't deliver. Having a bankrupt LLC makes you judgement proof and thus un-sueable unless they can pierce through the corporate veil because you committed fraud or something similarly terrible. Again it can both be true that they legally must deliver but there is nothing you can do if they don't.

jacquesm 3y ago
> Again this is why you run the Kickstarter through a bespoke LLC as that shields you from liability if you can't deliver. There is fairly high correlation between Kickstarters that are run through a bespoke LLC and Kickstarters that fail to deliver, for me that would be a reason not to back a certain Kickstarter. I see Kickstarters mostly as a way to spend a tiny bit of money to enable particular artists and hackers to pursue their dreams, a subsidy of sorts. And if it ever does result in a thing delivered to my door I'll be pleasantly surprised but my expectations are low and the stats to date mirror the larger stats available about campaigns fairly closely. Approaching Kickstarter in any other way will surely lead to disappointment. Suing someone because they failed on a project would radically change the nature of Kickstarter and even though it has happened I would like to see these reserved for those cases where the initiator clearly never planned to deliver anything in the first place. These happen often enough that it is a real problem.