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Except with VC, the money is given with the expectation of an occasional huge return. With a crowd-funded open source project, one there is no possibility of ge
by morpher 13y ago
Except with VC, the money is given with the expectation of an occasional huge return. With a crowd-funded open source project, one there is no possibility of getting anything more than a program you could get for free if others funded its development. This is clearly a very different situation.
- gemma 13y agoBut as a crowdfunder, I know that going in. Donation levels are clearly marked with what returns, if any, I can expect if the project is successful. "Worthwhile" to a VC means "big financial returns"; "worthwhile" to a crowdfunder means "this cool thing gets made". It's exactly the same concept; how it works out in practice is just mechanics.