KickStarter - Project for us IM peeps



nickycakes said:
Kickstarter is fucking retarded. Oh, sure! Let me spend money investing your company, but get no actual shares in the profit!
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Bro you're usually one of the smart ones around here...you aren't actually "investing" in shit. You are grabbing an inventive product for a slightly reduced price before anyone else gets a chance to. I'm not talking about backing some indie loser who is trying to put out a new CD or some shiz like that.

Case in point: The Pocket TV: Makes any TV a Smart TV by Infinitec — Kickstarter

Don't even act like you didn't think "damn that's pretty cool" after you checked it for 10 seconds.

Just sayin
 
Wwalton said:
Bro you're usually one of the smart ones around here...
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nickycakes said:
Kickstarter is fucking retarded. Oh, sure! Let me spend money investing your company, but get no actual shares in the profit!
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There is actually some legal stuff happening right now that in the near future will make is possible for anyone to invest in private companies for equity.

There are some people making market places for this type of thing, similar to kickstarter but instead of rewards you will be able to invest for % of equity.
 
Wwalton said:
Bro you're usually one of the smart ones around here...you aren't actually "investing" in shit. You are grabbing an inventive product for a slightly reduced price before anyone else gets a chance to. I'm not talking about backing some indie loser who is trying to put out a new CD or some shiz like that.

Case in point: The Pocket TV: Makes any TV a Smart TV by Infinitec — Kickstarter

Don't even act like you didn't think "damn that's pretty cool" after you checked it for 10 seconds.

Just sayin
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If you present me a product that has not even started being produced and want me to give you money to get it produced, then I am taking a gamble on your company. You could fail and I could lose all my money. In exchange for that gamble, I would like a share of the profit your company makes. That's what investing is.

What Kickstarter does is create this stupid mentality that you're helping some 'indy' business get off the ground and that it's socially acceptable to make bad investments if it's for some 'cool' project.

These are for-profit companies that are using idiots like you to get funding without having to really pay it back.
 
"shares" in startups are worthless 99% of the time anyway, fwiw.

For the majority of startup business, I'd rather have a t-shirt. At least I can get my wife to wear it and pour water over her.
 
amateursurgeon said:
"shares" in startups are worthless 99% of the time anyway, fwiw.

For the majority of startup business, I'd rather have a t-shirt. At least I can get my wife to wear it and pour water over her.
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+1

I could give 2 shits is the $50 - $650 (it was for a watch) ends up being wasted do to a startup that can't get their shit together. You can generally identify the well put together startups from the "stay away from these clown" outfits.

investing a couple hundred bucks for a fraction a a percentage of ownership is nothing I will ever be interested in.

And I'm definitely not investing in a company that I have no control over - at least not until I have real capital to throw out so that if the company takes off I actually make a buck or two from the gamble. Then instead of buying cool shit on KS I'll start investing in startups on AngelList.
 
This is a newer one.

http://www.fundable.com/

Personally, I could care less if donating/investing money is smart or not, I'm excited about the possibilities for the small time entrepreneur. Suddenly, a small time idea you've had in the back of your mind for 10 years has the potential to get come start up capital.

I have an awesome mtn bike accessory idea that I know would sell. Wouldn't be all too hard to get a prototype made and throw it on these sites for some quick cash influx.

It may not be as simple as that, haven't looked too deeply into it.
 
dchuk said:
Chris Coyier doesn't need any money to fund projects, I'm sure he's well off. Probably was a publicity move by him.
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Jesus, fucking brilliant. He's got $37k+ pledged so he can redesign his OWN BLOG (which is already a money making venture) rehashing material that he and others have already covered to death there and elsewhere.
 
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