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I still don't understand how Kickstarter is different from Pledgie, from which has been around for much longer. At first I thought that Kickstarter would hold t
by FooBarWidget 14y ago
I still don't understand how Kickstarter is different from Pledgie, from which has been around for much longer. At first I thought that Kickstarter would hold the funds for the backers and return the funds if the project fails, but that appears not to be the case. How is Kickstarter anything more than a Donate button, a donation counter and a mailing list?
- marknutter 14y agoThe hold the funds until the funding round is over. If the goal is met, it's a success, otherwise it's a failure and everyone gets their money back. It'd be much harder to determine what exactly constitutes a "failure" of a project.
- FooBarWidget 14y agoWhat about all those articles that talk about projects that failed to deliver and backers that never got their money back?
- cube13 14y agoThey don't even charge until the funding round is over, actually.
- flyinRyan 14y agoWith Kickstarter, if you get the money you said you needed you actually get it. It sounds like what you're talking about, you'd have to still completely finance the project yourself with the understanding that you get that money if it works out. Completely different (and pointless?) thing.