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> A VC can see the long-term value of a business idea > Kickstarter supporters are just excited to get their hands on a shiny new toy. Every kickstarter proje
by maratd 14y ago
> A VC can see the long-term value of a business idea
> Kickstarter supporters are just excited to get their hands on a shiny new toy.
Every kickstarter project I've supported is always about a product in the future. Including this one. Frequently, that shiny toy is years away.
The only difference between kickstarter and a VC is that consumers are deciding if the company will eventually deliver a product they want. You just cut out the middleman. The VC.
- Florin_Andrei 14y agoSo, the VCs, who often are funding disruptive technologies, are now facing the new kid on the block, pretty disruptive himself. Oh, the irony.
- randomdrake 14y ago>The only difference between kickstarter and a VC is that consumers are deciding if the company will eventually deliver a product they want. You just cut out the middleman. The VC. I don't know if that's necessarily true. The biggest difference is that VCs have an interest in the continued success in the company because they are looking for a return on their investment, not just the product in question.