Why would I want to give away my hard earned money for free for someone to start a for-profit business for their own private profit interest - when there are plenty of people looking to start a for-profit business that will take my money and return it to me with interest (at least so long as the business doesn't fail).

If I want to invest in business I'll take my money and loan it out to a business (or more practically give it to someone else who will do that for me).

If I want to be charitable towards people who are trying to start business - I would go to one of those websites where you can make an interest free loan. That way if they succeed - the money comes back to me and I can loan it out to another businessman.

Kickstart just seems ripe for abuse like mentioned in the OP. There is no real accountability - is there?

This post was edited on 3/7/14 at 9:02 am

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Posted by TheDoc

doc is no more

Member since Dec 2005

99297 posts

Posted on 3/7/14 at 9:12 am to SpidermanTUba

quote:
There is no real accountability - is there?

nope

but you're funding ideas through socialistic means

thought you'd jump all over that

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Posted by Captain Ron

Location: Ted's

Member since Dec 2012

4340 posts

Posted on 3/7/14 at 11:41 am to SpidermanTUba

quote:
Why would I want to give away my hard earned money for free for someone to start a for-profit business for their own private profit interest - when there are plenty of people looking to start a for-profit business that will take my money and return it to me with interest (at least so long as the business doesn't fail).

I've backed 3 kickstarter projects and received them all..

Who wants to play..

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