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Kickstarter may not be a store, but it is not an investment either. VC knowingly take risks in pursuit of significant returns. I've always wondered just what pe
by markbnj 12y ago
Kickstarter may not be a store, but it is not an investment either. VC knowingly take risks in pursuit of significant returns. I've always wondered just what people are getting when they back kickstarters. Basically just the vague hope that they might get a product some day.
- sanderjd 12y agoI track it in the "charitable giving" section of my budget. Thinking of it as anything else just seems silly.
- dublinben 12y agoI do too, which is why I only back projects that deliver an open source/free software/creative commons product in the end. I'm not going to invest in your company for zero equity unless you're doing something meaningful.
- sanderjd 12y agoI agree with you, but my definition of what I think is "meaningful" is broader than "open source/free software/creative commons". It is more like "is this a thing that I would like to see exist in the world?"
- tibbon 12y agoSame here. I treat Kickstarter like I do the Awesome Foundation grants I help fund (one of the original founding members)- I just give money away to make awesome stuff happen in the world. If I get a benefit in return that's nice, but really I just want the world to be a more interesting place.