Question about Kickstarter

[$5 submissions]

Do you guys thinks it prone to abuse? Kinda like Kiva but on a larger scale?

[AsianDivaGirlsWebDude]

It can be effective...

ADG

[candyflip]

If can definitely be abused. Who's to say what I do with the funds one I get them.

That said, one project that I am working on this summer is almost nearing our goal.

http://www.kickstarter.com/projects/...dan-is-missing

[$5 submissions]

Is there one for startup tech companies? Do they provide patent help? I would need patent help for some mobile phone tech.

[jigg]

i came across some that fund startups not long ago but it was angel investors that also get an equity stake in your company I believe. Name escapes me right now

[$5 submissions]

i came across some that fund startups not long ago but it was angel investors that also get an equity stake in your company I believe. Name escapes me right now

I am okay with that as long as they can also provide advice and guidance building up the company.

[ShellyCrash]

I haven't heard of any projects that have reached their goals not actually being legit, but I have heard and even been on the receiving end (or "non-receiving end" as the case may be) of pledge perk orders go unfulfilled by the company / project.

I think if you fund something through kickstarter you have to go into it with the right mindset. You need to go into it for the love of the project and look at it more philanthropic than tit for tat because people seem to pretty much be on the honor system to deliver on the promises they make to donors.

I've funded a few different projects. The one I am most proud of is a film which unfortunately is the one I feel the most sure will not be keeping their promises.

I think in general people who use kickstarter are on the flakey side, I mean, if they weren't they probably wouldn't be using something like kickstarter in the first place. (no disrespect to Candyflip)

[pimpmaster9000]

Crowd funding is still in its beginning stages. It's amazing how much projects actually get funded but the problem is, like with any business model, that the funder-s or investors will be harder and harder to find because they will be diluted by new kicstarter-type websites and for a success full funding campaign you need lots of investors in one place....

[porno jew]

anything that can be abused will. i'm sure many bogus projects have been funded already and people never even knew.

[Klen]

Toobad it's for usa only.

[porno jew]

There is no guarantee that people that post projects on Kickstarter will deliver on their projects or use the money to do their projects. Kickstarter advises sponsors to use their own judgment on supporting a project. They also warn project leaders that they could be liable for legal damages from sponsors for failure to deliver on promises.[10] In May 2011 a New York University film student raised $1,726 to make a film, but plagiarized another film instead.

[livexxx]

full of shit quirky iPhone add-ons IMHO

[V_RocKs]

Seen some that say: Need $50,000 and here is the $50K in expenses.

Then they get $125,000K

And that extra cash has no where to do on their kind of project... dumbasses...

[$5 submissions]

There is no guarantee that people that post projects on Kickstarter will deliver on their projects or use the money to do their projects. Kickstarter advises sponsors to use their own judgment on supporting a project. They also warn project leaders that they could be liable for legal damages from sponsors for failure to deliver on promises.[10] In May 2011 a New York University film student raised $1,726 to make a film, but plagiarized another film instead.

This one looks interesting. By the same guy behind Wasteland- the classic 80s survival post-apocalyptic game (inspired the Fallout series) http://www.kickstarter.com/projects/inxile/wasteland-2

You definitely raised good points, PJ. There's really no accountability. Are people supposed to give something back? Any accountability mechanisms?

At least with startup crowdsourcing, the participating crowd would get shares in the company

[Mr Pheer]

Be careful... sometimes at the bottom of the stroke, the engine can kick back and the kickstarter slams into the back of your calf muscle... hurts like a motherfucker, especially if its a 400cc engine or more

[mynameisjim]

First everyone submitted their own content to build sites like Youtube and got nothing in return. Now they give actual money and get nothing in return.

How long until people start working in factories for free?