2 ms·
This isn't a weakness in crowdfunding, at least not intrinsically. Validating the team has always been important, but the general mainstream internet doesn't r
by potatolicious 14y ago
This isn't a weakness in crowdfunding, at least not intrinsically.
Validating the team has always been important, but the general mainstream internet doesn't realize that yet. They will, after at least one highly public meltdown where millions disappeared down a drain for little to none of the promised deliverables.
(I hate to be negative, and I want to be wrong, but my money right now is on the Ouya - unproven team out of their depth promising an extremely complex product delivered at unprecedented low cost and unprecedented fast schedule)
I suspect soon we will see a redirection in crowdfunding and more focus on the ability for funders to assess the competency of a team, and I suspect we will see more credibility-building on Kickstarter projects than we have seen thus far.
- ChuckMcM 14y agoThat is a better way of phrasing my concern. I'm wondering if there is a way to build a system along the lines of a web reputation type thing which could identify people who could execute well. I could imagine something like: This team has: delivered 3 kicstarters (a, b, c) failed to deliver 1 kickstarter (d) Of course that information will get accumulated and used but I'm thinking of a formalized way of doing that like ebay seller feedback or something.