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I don't understand why customers from Kickstarter think they have any say in what the business does. I generally think the Kickstarter pitch is misleading. "B
by cottonseed 13y ago
I don't understand why customers from Kickstarter think they have any say in what the business does. I generally think the Kickstarter pitch is misleading. "Backing" a Kickstarter doesn't mean your investing in the company, it means you're pre-purchasing the product. I never saw this as a good deal for Kickstarter customers, who take the risk of investment but don't get any of the rewards.
- jamesie 13y agoEquity crowdfunding might steal most of new product ideas away from the current Kickstarter model.
- bane 13y agoIIR, for a long time Kickstarter wasn't about pre-ordering a product but about crowdfunding an initiative of some sort, then the semantics got all confused and now it is.
- falcolas 13y agoKickstarter has never been about pre-ordering a product. It's about supporting a business; the gifts are simply incentives to invest certain amounts. That some companies treat them as pre-orders has no impact of the actual goal of kickstarter campaigns - getting money to fund an activity. There is no guarantee that even if a kickstarter campaign is successful you'll get "what you paid for". A company following through with its kickstarter incentives is a bonus, not the end goal. Relevant to this particular discussion, do you think that Marcus Pearson really gave $10,000 just to receive a dev kit?
- chrismcb 13y agoIt is a risk, and hopefully you'll get the award you asked for. But the idea is to spread the risk out over thousands of people, instead of one or two.