4 ms·
At first I thought that failed Kickstarters were a small minority of projects, but I've come to think that failed projects (or at least greatly delayed) are the
by ghostfish 14y ago
At first I thought that failed Kickstarters were a small minority of projects, but I've come to think that failed projects (or at least greatly delayed) are the norm, rather than the exception. Of 4 projects I've funded 1 was delivered as promised and on time, 1 is currently on pace to be delivered only slightly late (~1 month), one is 5 months late and still being designed, and one is mostly content complete but over a year late for physical delivery. People really, really don't seem to realize what they're getting themselves into with these, and drastically underestimate time to completion.
- pablasso 14y agoThat's why it's important to know that you're founding an idea, not buying a pre-release product.
- cheebla 14y agodoes Kickstarter post stats on these kind of things? Like what percentage of funded projects are delivered? if not, why not?
- angryasian 14y agoprobably because its not beneficial for them to publish these stats, but I would love to see these statistics.
- taude 14y agoActually, found the blog article: it's 46% in 2011 (43% in 2010), but whatever: http://www.kickstarter.com/blog/2011-the-stats http://www.kickstarter.com/blog/2011-the-stats
- waterlesscloud 14y agoThat's actually just the percentage of projects that hit their funding goal. There is no indication of what percentage delivered. I suspect someone could figure this out. To my knowledge, all funded projects still have accessible pages. You could go through them all and see which have updates that indicate shipping...
- taude 14y agoAhh, I believe you're correct. I optimistically read those stats...
- taude 14y agothey have a blog posting where they state something like 40% of all funded projects were delivered in 2011.