I get where +Bill Bodden
is coming from with this. Don't necessarily agree with everything said, but I get it.http://billbodden.com/2014/03/05/my-problem-with-kickstarter/
Over on the mentioned Facebook discussion, I said this about one of my points of disconnect:
I will say that "You are not buying something, you are investing in something" is a kind of dangerous sentiment, and as much as Kickstarter itself bangs the gong saying it's not a store — which is debatable — I don't think it's an investment either.
There's no ownership stake being gained; you're not putting in your money in the hope of getting it back to you with interest; and so on. If you take "it's a store" off the table, I don't think "it's an investment" gets it right either, in other words.
I think "it's a gamble" is probably closer to what people are trying to get at when they make the investment claim. There's a risk stuff won't happen on schedule, and a risk that the project simply won't deliver. There's a chance that money's gonna get lost.
That's risk, but on the reward side the only thing you're gonna be due is what you paid for ... so it's sort of like Vegas only minus the chances of walking away with more than what you put into it, as a backer.
That said, the risks are (at least in many cases, and definitely all of the cases I'm involved in) a lot less than gambling, so ... yup, I'm back to "nope, it's a store," just a riskier store than folks are typically used to.