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Kickstarter Is The Biggest Scam On The Internet

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I think its pretty funny how everyone here thinks my post is "fail".
Its such a simple business concept that people who give money to Quickstarter ignore.
I guess all of those billionaire venture capitalists in silicon valley have it all wrong. They should be giving away their money for free. Right.
 
Patranus said:
I think its pretty funny how everyone here thinks my post is "fail".
Its such a simple business concept that people who give money to Quickstarter ignore.
I guess all of those billionaire venture capitalists in silicon valley have it all wrong. They should be giving away their money for free. Right.
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well, VC is clearly one way of financing a business... clearly, KS is just another way of financing a business...
 
Ns1 said:
well, VC is clearly one way of financing a business... clearly, KS is just another way of financing a business...
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Oh, don't get me wrong, its a great model for a business trying to raise money but anyone donating money to one of these companies is being very stupid.

Its internet panhandeling.
 
Patranus said:
Oh, don't get me wrong, its a great model for a business trying to raise money but anyone donating money to one of these companies is being very stupid.
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I don't agree. Especially if the product is something that an "investor" would gain from

ie kickstarting a local business that would directly help me

yes it's internet panhandling.
 
Patranus said:
I think its pretty funny how everyone here thinks my post is "fail".
Its such a simple business concept that people who give money to Quickstarter ignore.
I guess all of those billionaire venture capitalists in silicon valley have it all wrong. They should be giving away their money for free. Right.
Click to expand...

That is because your posts ARE fail, including this one.
Speaking of VCs how many of them lost their shirts when the business they were pouring money in to failed?
Kickstarter is the same thing but on a much smaller scale. Average Joe puts in $20 bucks to help finance a video game he wants to see made.
If it fails he is out his coffee money for a month, if it succeeds he gets a copy of the game that he was likely to buy anyways and maybe some nice swag from the developer.
 
If you pay the min donation, $15, you get the game and a documentary about the game... how is that wasting your money. I guess if the dev just took the money and ran it would be an issue. But $15 for a game from a well respected and creative developer is clearly a good deal.
 
abaez said:
I've read some horror stories about it. Most recently the iphone *metal* case that was made and interfered with the antenna, along with that lock picking one.

But not all is bad. I've backed three projects in kickstarter and all three have come through. I cannot WAIT for my pen type-a to come in the mail. And I picked up a sweet, unique set of Game of Thrones posters as well, and I supported the Girl Walk All Day movie too.
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The main problem I have with Kickstarter is that most of the projects I see are really just donations in that the awards are not commensurate with the level of money you contribute. So in that way, the actual value you get back for investing in it is not monetary. However, with this project, the minimum reward level, $15, gives you a copy of the game which is at a price I would judge being a fair market value for getting in on the beta and the game at release. So what you are essentially getting is a preorder.

Well, now I'm hoping for them to do a Psychonauts 2 Kickstart.

EDIT: Sweet, they hit a million.
 
Patranus said:
Oh, don't get me wrong, its a great model for a business trying to raise money but anyone donating money to one of these companies is being very stupid.

Its internet panhandeling.
Click to expand...

You seem to think that the "investors" aren't getting anything in return?
 
Patranus said:
Oh, don't get me wrong, its a great model for a business trying to raise money but anyone donating money to one of these companies is being very stupid.

Its internet panhandeling.
Click to expand...

Inventor John has a design for product A that he's ready to bring to market, but CEO Bob at StingyInvestments and ShitEconomy Partners LLC doesn't want to fund him. Neither do any of the other VCs John has been to.

I like the idea of product A and want one. Now I can either live without product A because no VCs will fund it, and so John can't get any start-up money. Or I can contribute to John's Kickstarter and receive the desired product in return when it's finished and shipping, often at less than the eventual street price.

I fail to see the stupid in that. This is exactly what's going on with DoubleFine's game. Ignore the fact that it's a development studio and not a single inventor. The result to me, the consumer, is the same....except I'd wager that $15 for the game and a documentary is a fuck-ton less expensive than if they had to release through a publisher like EA.
 
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Patranus said:
Oh, don't get me wrong, its a great model for a business trying to raise money but anyone donating money to one of these companies is being very stupid.

Its internet panhandeling.
Click to expand...

oh, don't get me wrong, you are a fucking idiot. There is NO panhandling. People are paying for a product.
 
Gooberlx2 said:
Inventor John has a design for product A that he's ready to bring to market, but CEO Bob at StingyInvestments and ShitEconomy Partners LLC doesn't want to fund him. Neither do any of the other VCs John has been to.

I like the idea of product A and want one. Now I can either live without product A because no VCs will fund it, and so John can't get any start-up money. Or I can contribute to John's Kickstarter and receive the desired product in return when it's finished and shipping, often at less than the eventual street price.

I fail to see the stupid in that. This is exactly what's going on with DoubleFine's game. Ignore the fact that it's a development studio and not a single inventor. The result to me, the consumer, is the same....except I'd wager that $15 for the game and a documentary is a fuck-ton less expensive than if they had to release through a publisher like EA.
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So you are taking all of the risk with no return on your investment vs the company owner has takes almost no risk and reaps all of the reward.
 
zinfamous said:
You seem to think that the "investors" aren't getting anything in return?
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What are they getting in return.

If I invest $15 and get a $15 video game I have risked my $15 to make $15 worth of product back. Now the publisher has that $15 and can multiply that into $100 worth of revenue thus getting a return on your money while you get zero return.
 
Patranus said:
So you are taking all of the risk with no return on your investment vs the company owner has takes almost no risk and reaps all of the reward.
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why are you not okay with this?

clearly everyone else involved IS okay with that arrangement.
 
I am also perplexed as to why 75% of the posts by people who always think they are the smartest person in the room cannot come up with any real argument other than basis personal attacks.

I guess when you cannot attack an argument on its merits you have to play the race card of the internet.
 
Ns1 said:
why are you not okay with this?

clearly everyone else involved IS okay with that arrangement.
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Not saying I am not ok with it, people are free to piss away their money however they see fit, but it is a pretty stupid to not get any return on your investment while taking on all of the risk.
 
Patranus said:
I am also perplexed as to why 75% of the posts by people who always think they are the smartest person in the room cannot come up with any real argument other than basis personal attacks.

I guess when you cannot attack an argument on its merits you have to play the race card of the internet.
Click to expand...

Keep digging, if you keep this up we may solve our oil import problems.
 
Patranus said:
Not saying I am not ok with it, people are free to piss away their money however they see fit, but it is a pretty stupid to not get any return on your investment while taking on all of the risk.
Click to expand...

It's a freaking video game. What ROI do you expect from that?

Minecraft developers did the same thing.. did you see anyone complaining about their ROI?
 
Gooberlx2 said:
Inventor John has a design for product A that he's ready to bring to market, but CEO Bob at StingyInvestments and ShitEconomy Partners LLC doesn't want to fund him. Neither do any of the other VCs John has been to.

I like the idea of product A and want one. Now I can either live without product A because no VCs will fund it, and so John can't get any start-up money. Or I can contribute to John's Kickstarter and receive the desired product in return when it's finished and shipping, often at less than the eventual street price.

I fail to see the stupid in that. This is exactly what's going on with DoubleFine's game. Ignore the fact that it's a development studio and not a single inventor. The result to me, the consumer, is the same....except I'd wager that $15 for the game and a documentary is a fuck-ton less expensive than if they had to release through a publisher like EA.
Click to expand...

the problem with explaining such things to a guy like the OP is that he wants to throw the "socialism!" boogeyman label on just about everything he doesn't understand or doesn't like.
 
Patranus said:
Exactly. You have added NOTHING to this thread.
Click to expand...

I've added my 2 cents on the matter already.
At this point you are simply trolling for attention, so I'm gonna toss well deserved insults at ya like they were water balloons.

Don't like it? Don't troll.
 
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