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Can you make money off any of these projects if your a backer? most of the rewards I see are like dvds, tshirts, etc...
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73 Replies - 4842 Views - Last Post: 03 October 2012 - 09:25 PM
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#32
no2pencil
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Re: Kickstarter - has it worked for anyone?
Posted 06 May 2012 - 05:20 PM
lordofduct, on 04 May 2012 - 04:57 PM, said:
lol, my wall o' text was skipped over as I brought Shadowrun a couple days ago.
Yeah, but that was like a couple of days ago.
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#33
jon.kiparsky
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Re: Kickstarter - has it worked for anyone?
Posted 06 May 2012 - 05:34 PM
JonPM, on 06 May 2012 - 06:45 PM, said:
Can you make money off any of these projects if your a backer? most of the rewards I see are like dvds, tshirts, etc...
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I haven't heard of anyone offering shares in the project as incentives or anything like that. I think that would be hard to manage, considering you'd probably have to get the SEC involved and whatnot.
Basically, the idea is to get seed money in, not to invest for a financial return.
What might be possible, or it might be completely illegal, and I have no idea which, would be to offer backers early dibs on any IPO that happens out of the project later. However, I think the classic kickstarter campaign is operating at a level where the necessary lawyering to make that happen would cost hundreds of times the campaign's target.
Specifically, I'm thinking, $5K typical startup target and ~$500K in lawyering to make something like that legally solid and legally sound. Not being a lawyer, though, I'm really pulling that out of my ass.
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#34
modi123_1
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Re: Kickstarter - has it worked for anyone?
Posted 06 May 2012 - 10:18 PM
It seems Penny Arcade has summed up my concerns with kickstarter..
http://penny-arcade....omic/2012/05/07
http://penny-arcade....omic/2012/05/07
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#35
Choscura
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Re: Kickstarter - has it worked for anyone?
Posted 08 May 2012 - 12:55 PM
Goddamn it, I was going to give Lamborghinis out as prizes at the 20 dollar level. Now I'll have to go with stickers, admit conformity, and just hope people think that CISPA is as evil as I do.
God damnit.
God damnit.
This post has been edited by Choscura: 08 May 2012 - 12:56 PM
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#39
supersloth
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Re: Kickstarter - has it worked for anyone?
Posted 09 May 2012 - 07:38 AM
i have funded 2 projects:
http://www.kickstart...7/the-classical
http://www.kickstart...atue-of-robocop
and one more for a friends site they never reached funding.
i also tried to start a kickstarter to buy the new orleans hornets, of which kickstarter told me was 'inappropriate'
fucking assholes, it's not like anyone would have lost the money if it didn't fund at the 250 million i needed.
http://www.kickstart...7/the-classical
http://www.kickstart...atue-of-robocop
and one more for a friends site they never reached funding.
i also tried to start a kickstarter to buy the new orleans hornets, of which kickstarter told me was 'inappropriate'
fucking assholes, it's not like anyone would have lost the money if it didn't fund at the 250 million i needed.
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#41
supersloth
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Re: Kickstarter - has it worked for anyone?
Posted 09 May 2012 - 07:45 AM
no 
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#44
supersloth
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Re: Kickstarter - has it worked for anyone?
Posted 22 May 2012 - 10:38 AM
why would you ask the rambler that?
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#45
Choscura
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Re: Kickstarter - has it worked for anyone?
Posted 22 May 2012 - 10:43 AM
LOL
One reason stands out: If the person/group/whatever doesn't reach their funding goal, but can still provide the rewards they have listed, they still get the money. It means they have a chance of succeeding even if the funding isn't what they'd hoped for.
One reason stands out: If the person/group/whatever doesn't reach their funding goal, but can still provide the rewards they have listed, they still get the money. It means they have a chance of succeeding even if the funding isn't what they'd hoped for.
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