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How many Kickstarter projects have actually shipped a finished product? A serious question, not a jab. It seems "success" in the world of Kickstarter is define
by incision 14y ago
How many Kickstarter projects have actually shipped a finished product?
A serious question, not a jab. It seems "success" in the world of Kickstarter is defined by achieving a funding goal, not necessarily producing anything.
I'm very tempted to sign on for this one, but I've already kicked into a handful of projects, none of which are anywhere near shipping or this price.
- chime 14y agoI've only signed up for one and it is supposed to be shipping very soon: http://www.kickstarter.com/projects/joylabs/makey-makey-an-invention-kit-for-everyone http://www.kickstarter.com/projects/joylabs/makey-makey-an-i...
- bockris 14y agoI too pledged for the MakeyMakey. It was a no brainer because they already on V3 of a working prototype. The money was to gauge interest and get a deal on parts. Nathan Seidle had an interesting blog post on it. http://www.sparkfun.com/news/909 http://www.sparkfun.com/news/909
- tinkertron5000 14y agoThe Zombies Run project I donated to has a finished product and it's a blast!
- doug11235 14y agoI've kicked into 2 projects and one has delivered so far. I expect the other will eventually. Jot stylus - http://www.kickstarter.com/projects/531383637/jot-capacitive-touch-stylus http://www.kickstarter.com/projects/531383637/jot-capacitive... They are still making progress albeit slowly. Openvizla - http://www.kickstarter.com/projects/bushing/openvizsla-open-source-usb-protocol-analyzer http://www.kickstarter.com/projects/bushing/openvizsla-open-...
- tibbon 14y agoIts a good question that I think lacks good statistics. Kickstarter is trying to encourage people to actually ship/finish projects with little things, like the "expected ship date" on backer rewards to give people a little pressure. It also all depends why you back projects. I back them for the same reason that I'm a trustee of the Awesome Foundation- I want to encourage amazing things to happen in the world. Sometimes, this involves a lot of failures or false starts. Some people are ok with that, others aren't. How many Y-Combinator companies have actually shipped a finished product? Same thing.
- alttab 14y agoI agree with this. Giving money to a kickstarter is like Angel investment. Sometimes you win, sometimes you don't. The running idea is here "if its a bad idea, it won't get funded." Clearly in our industry that isn't true. And if you ask me, if a bunch of Kickstarter projects fail to deliver and the money is simply squandered, that says more about the "kickerstarters" than Kickstarter itself.
- tibbon 14y agoYes. People need to not think of Kickstarter as a store- because it isn't. At a store you buy something and then own it. With Kickstarter you back a project, and then hopefully have one sent to you. Of note, money is often squandered in startups too :)
- prodigal_erik 14y agoIt's more like a donation. When angels invest in startups, they're hoping a few pay off so well that they make up for all the others. Kickstarter projects can't offer that with no equity, so the expected value is negative.
- sp332 14y agoKeep in mind, KS is not a pre-order system. It's a way of funding something you want to see accomplished. Often the product itself will be a "reward" for a certain pledge level, but not always.
- napillo 14y agoThere's a lot of them that have yet to deliver years after they have gotten funding. In the technology sector, the link is here: http://www.kickstarter.com/discover/categories/technology/successful?ref=more http://www.kickstarter.com/discover/categories/technology/su... Scroll down until you get to projects a year older or more, then take a look at the comments and updates of those projects. You'll find that few have delivered yet and a lot of them failed outright. Some that have delivered have quality issues (what did you expect) and a few have actually delivered. My advice is don't kickstart a project if you think you are actually purchasing a product. You're funding someone who promises that they will deliver you a product if they are successfully able to make it at or below their initial estimate. If they underestimated, don't expect a refund. Nobody gets a refund from kickstarter.