Quoted from JodyG:Why anyone would fork over thousands of dollars of unsecured money up front to a new and unproven company is beyond me. If a company has such a sound financial plan that it is a "can't fail", they would have no problem securing cheap money through the financial markets. Having your future customers prepay their way before you make product one is insane. This should be a red flag for everyone. For those who choose to ignore that, they should realize that there is a real chance they may never see anything materialize from that money. So why risk it? So you can be the first kid on the block to get the new toy?
Good grief, you’re about two years late with this lecture, lol. This discussion has been done, overdone, died, resurrected, overdone again, flogged, and died again about a year ago.