Crowdfunders losing out big time !
Do you feel this is fair ?
http://www.american.com/archive/2014...rs-losing-deal
http://www.american.com/archive/2014...rs-losing-deal
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yes and no.. isn't this what kickstarter is for? now people are upset that it was so successful? -
Were you one of the contributors ?Comment
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WTF, of course it is fair. They did not get shares when funding. What a bunch of morons... They 100% got what was agreed,.
I hate retards like that...Comment
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They should have look for a project on www.fundable.com if they wanted to find one that offered shares.Comment
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idiots...Comment
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TL;DRA better question, then, is why didn?t Oculus Rift sell shares to those who crowdfunded via Kickstarter?
The answer is that they?re not allowed to. After the Great Depression, the government barred the public sale of securities by companies that are not registered. Registered companies are subject to burdensome regulations, including filing lengthy informational disclosures meant to protect the uninformed public
Smart people suffer becasue dumb people want big government protecting them.
AmenComment
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QUITE FAIR
If they PROMISED a % and failed to deliver, sure, that would be wrong, but it is made very clear on KS what you will be getting for your contribution. If you don't like it, start your own company or invest in the market.
Don't whine because you didn't get something that wasn't promised to you, lolComment
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fair enough but banks don't get a cut of peoples business if they loan money and their projects take off. Maybe indirectly they do if they stay with the same bank.. hehwebmaster at pimproll dot comComment
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They didn't come up with or help develop the product. They only helped to fund the manufacturing of the prototype, of which they got a unit.
The bullshit is people funding these actor's movies and then getting nothing in return, while the "star" pockets the proceeds.Comment
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Them now wanting a share of the sale price would be like me giving a panhandler a dollar then him using it to buy a lottery ticket and winning. When I hear about it I come back and demand some of the money since I gave him the dollar.Comment
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If I owned the company, I would surprise the Kickstarters with some cash. Maybe not hundreds of millions, but being that they are not untitled to anything, it would be a very cool gift / surprise.
To be honest, THIS is why I don't donate to KS projects. Im afraid something like this would happen and instead of feeling great that something I helped start made it big Id feel like I was some how screwed over. Prob similar feeling to someone who plays the lotto every week with the same numbers, then on the ONE week you forget to play....your numbers come up.
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Equity crowdfunding it is not legal in USA, but it is in some euro countries, which launched some sites allowing it:
http://en.wikipedia.org/wiki/Crowdfu...y_crowdfunding
If any of these sites will get bigger and end up with an oculus rift like success, where crowdfunders are sharing the company sale and sales success, then kickstarter (and all of the US-based clones who can't govern equity) will have a popularity drop. I mean, everyone will want to fund projects which give the product AND revshare.Last edited by adultmobile; 04-04-2014, 01:06 PM.Comment
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The writer describes the people who contributed to that Oculus Rift Kickstarter as "up in arms" - but he offers no evidence or examples of this in the article. I'm getting the sense *he* contributed and *he's* "up in arms". Whiny person is whiny.
He misses the entire point of Kickstarter - it's basically a donation to a cause or project you feel strongly about or a product you'd like to see made. You might get a minor perk for different levels of contribution but the most reward is just a sense that you helped make it happen. It never ever pretended to be anything different.
If you want to genuinely invest in a company there are PLENTY of places and methods to do so. Kickstarter is not that and never has been and neither presented itself as such.*********
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