3 ms·
Touche'. I did not know that.
by namwen 13y ago
Touche'. I did not know that.
- incision 13y agoNot a problem, I imagine many people don't know that. After all, Kickstarter's business is taking 5% rake on those donations so it's not in their interest to make it apparent.
- jtheory 13y agoThere's no other way it can work, really. If you're a creator, and collect a lot of money to make something (with some level of risk), there's a chance you'll spend the money trying but still fail -- this is a very real prospect especially if you're trying something technical that hasn't been done before. Then what? They can't give the money back; they don't have it anymore. Forcing them into bankruptcy would basically kill Kickstarter. So their only option is pretty much what they did -- with the course-correction added about a year ago that now they emphasize the fact that projects may fail.