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A scam where you don't get one product you ordered is a different order of magnitude than one where you lose a long-term stake in a company. (For Kickstarter,
by squidfood 13y ago
A scam where you don't get one product you ordered is a different order of magnitude than one where you lose a long-term stake in a company.
(For Kickstarter, it's the same thing that prevents scams over any online exchange really - nothing except you might go after someone for fraud).
- smsm42 13y agoYes, the former is much worse - you're immediately don't get a useful product, instead of not getting a paper which may or may not bring you some money somewhere in the future if 1000 things align right. Note that most sales of product actually end up in product being sold, while most startups end up failing and wiping their investors clean. That is without any fraud - just plain statistics.