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re: Chicago hipster beats expectations, raises 645% of Kickstarter goal, burns books
Posted on 3/7/14 at 8:29 am to SpidermanTUba
Posted on 3/7/14 at 8:29 am to SpidermanTUba
quote:
I fail to get kickstarter.
what don't you get?
it's fairly easy to understand
1
Posted on 3/7/14 at 9:00 am to TheDoc
quote:
what don't you get?
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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