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The vast majority of startups fail. It used to be said that the majority of software projects run by big stable corporations would fail, i.e., be cancelled bef

The vast majority of startups fail. It used to be said that the majority of software projects run by big stable corporations would fail, i.e., be cancelled before delivery for cost and time overruns. I don't know what Kickstarter is really trying to be exactly, but it would be probably be the wrong thing to "ensure customers have faith that the vast majority of startups will succeed".

fusiongyro 14y ago
That would be the eBay solution, right? Make life hard on the vendor and easy on the consumer. Unfortunately, eBay is very successful despite the imbalance. Kickstarter has survived without really picking sides on this issue, but they're ultimately going to have to define their position a little more firmly and make sure both sides are getting the same message, loud and clear. If they make launching a kickstarter twice as onerous, they need to be sure they can lose half their projects. If they aim to make investments succeed less than 50% of the time, they need to be sure they can lose half their users. If they don't take a firm position one way or the other, they'll just come across as unreliable. The annoying thing about educating your users is you're never done.