MOTM

You have to be careful when dealing with kickstarter projects.  Too 
many people treat it like pre-ordering neato gadgets from say thinkgeek 
or amazon.  It is a funding portal/pledging system to back an idea in the
hope they achieve their goal and reward you with early bird swag. The 
thing is: there is no guarantee, and there is no recourse for claiming 
money back off a failed project.

   The problem is, the skilled project management types with a 
kickstarter are in the definite minority.  Some get funded and find out 
they're in waaaay over their head.  Other get funded and skip town with 
as outright fraud. I wrote about it a while back:

http://www.oldcrows.net/blog/?p=125
http://www.oldcrows.net/blog/?p=137

Crow
/**/


  On 8/18/2012 9:45 PM, Kenneth Elhardt wrote:
> What exactly is Kickstarter?
>
> Some months ago 60 Minutes did a story on some internet site where people could donate money to other people who wanted to start projects, but I can't remember the name. Perhaps it was Kickstarter, however, that company had to personally approve of any project submitted or else it didn't get on there, AND, they said it was not for products, only for people who wanted to pursue personal goals.
>
> How does Kickstarter work? Do people donate money with no expectation of return, or are they basically pre-paying for a future product that you must deliver to them after completion? What if a project is funded, the money is spent on that project, but it turns out to be a failure and nothing comes of it?
>
> -Elhardt
>
>