(Sun04) Kickstarter makes some big changes. No more renderings and simulations.
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- I agree with that, in the event that someone has the materials to do that certain thing whatever it may be.
But in the case of people that don't meet their goals, but can still use their monies to go toward it is a great start.
That part seems eliminated.
The entirety of the idea of crowdsourcing is conceptual and prototypical.
at least that's how I feel on it. and yes, one HAS to have something that works along the lines of what they are trying to accomplish.Sep 23, 2012
- +Sven Olaf Potstada But investors and people are shopping for ideas to back all the time. That's the market.
The price of stocks rise and drop based on an investors' (or buyer's) idea that they may lose their money or influence on something in the future.
influence buying is that idea, when people don't want something because it is too much, the stock falls based on one's (or a groups) physical capital and worth of the fund or product itself.
If someone doesn't like what they see, then they simply won't buy (into) it.
The idea of shopping is encrusted in the very idea of funding projects.
TechStars is a great example, because the investors now, currently give each recipient the money to visualize their concept for investors to further buy into in the future.
From that, the potential company is encouraged to present what they have to sell, with the blessing of the Techstar investors.
that's an added bonus that doesn't come from KS, but it is the idea of potential that an everyday person might see in their home, that they can use in some capacity or may change the way the do things in their or someone's life.
I think calling it shopping is a bad idea, but i don't own KS, lol.Sep 23, 2012
- As the JOBS act drives unregulated angel money toward crowd-funded innovations this makes sense if kickstarter sees themselves as the future of venture capital. I worry for them that all these changes simultaneously might be too restrictive for their hipster fans to bear, they should have eased into this one change at a time over a longer period of adoption.
Edit - oopsie, thanksSep 23, 2012
- The fans will move to (or create) another service.Sep 23, 2012
- Yup, to anyone logical (and up to date with the legal changes surrounding startups and crowdfunding), this move does make sense.Sep 23, 2012
- replace crowdsourcing with the word crowdfunding :) two different things - though you are right about the JOBS act being the impetus for the change.Sep 23, 2012
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