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I think the interesting thing is that you can now raise large sums while still having an exit condition that isn't "IPO" or "buyout." To me, anything that brin
by liljimmytables 14y ago
I think the interesting thing is that you can now raise large sums while still having an exit condition that isn't "IPO" or "buyout." To me, anything that brings the focus of the CEO back to "create cool thing" is a good move for capitalism and the world in general.
- obtu 14y agoTechnically, the only exit condition on Kickstarter is reaching the funding goal (often set much lower than the expected proceeds). After that, the cool thing may materialise with lesser coolness or not at all, and an ambitious project may find their next incentive in venture capital.