Rockwall, TX
Kickstarter... to kick start... a new pinball company... interesting!
(Topic ID: 94620)
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Quoted from Robotoes:THIS.
Happens all the time, which is why crowdfunding is on the decline. Look at that watch fiasco. You're welcome to write me off as crazy, that crowdfunding is huge and growing fast, but you'd be wrong. The ONLY people truly succeeding in crowdfunding these days are those with very established clout (e.g. Amanda Palmer, Veronica Mars, Zach Braff, etc etc). Even people with clout and successful funding, like Neil Young, are going to fail miserably (PONO - which is a huge joke) and leave backers bitter.
I don't have a dog in this fight in regards to pinball...
But I will say you are dead wrong about crowdfunding. Its on the rise, growing, expanding, and will continue to change the consumer landscape in the months and years to come.
I agree though, you should never fund something you don't have trust in. The best campaigns are a result of trust with the host. To that end, being an established brand or known personality can greatly assist crowdfunding. That's not to say you couldn't crowdfund a graduation gift for your little sister amongst your own family however.
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