Kickstarter Fukkery on a whole 'nother level yall
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legit just completely removed cash I had in kickstarters after hearing about this shit
well
except shenmue 3
lol
well
except shenmue 3
lol
Wow man..... Give $120 to a bunch of homeless guys with Kickstarter..... Then be nonchalant when it is embezzled
So they stole money and now they're just making these terrible youtubes? This Ryan dude seems narcissistic af. Lol personal account to receive funds and promised to hold them in trust, bruhs...
$300,000 is a rediculous amount to steal with no repercussions but the way crowdfunding works they will probably get away from it.
By Zeus Ex Machina Go To Post$300,000 is a rediculous amount to steal with no repercussions but the way crowdfunding works they will probably get away from it.Hmmm. Not necessarily. Even if the money is in your bank account, if it's business money, you don't own it.
But different countries etc.. ... i also couldn't be bothered to watch the whole video.
Kickstarters and the like are something I never understood. They're basically asking for start up capital / free loan to start a business, of which you get no cut of. They make very little business sense to me. They would only ever make sense for passion projects. Which most of them no longer are.
People need to be a bit more skeptical.
By giririsss Go To PostHmmm. Not necessarily. Even if the money is in your bank account, if it's business money, you don't own it.They have been a huge boon for tabletop rpgs and is the only reason why like any non-D&D game exists.
But different countries etc.. … i also couldn't be bothered to watch the whole video.
Kickstarters and the like are something I never understood. They're basically asking for start up capital / free loan to start a business, of which you get no cut of. They make very little business sense to me. They would only ever make sense for passion projects. Which most of them no longer are.
People need to be a bit more skeptical.
A Tabletop RPG is fairly easy to produce and you can even outsource parts of it really easy to companies that mass produce cards, books and printed materials. It's essentially much easier than engineering the cheapest 3d printer on the market and doing so in a way it can be produced on a mass scale.
What a sincere apology. I'm ashamed of my actions, but not ashamed enough to give up my 300,000 dollar house though.
Just ashamed enough to take all the blame and apologize while making it crystal clear that no one else had anything to do with it!!
Well that's because they aren't business loans. They're more like preorders to most people. You're not buying equity in a company, you're usually paying for a product before it exists. All most people who use it want out of it is the product they paid for.
I think it makes a lot of sense and it's good something like this exists, especially for games with how risk averse the industry currently is.
It just unfortunately doesn't work out sometimes.
THAT SAID this case in particular, while an extreme example, does highlight some of the flaws in the model. Backers should definitely be able to hold kickstarters accountable for squandering funds on expenses outside the scope of the kickstarter if they have evidence. Like say, the finance manager admitting he used 300,000 dollars to build himself a house on camera.
Yeah on some level the backers have to blame themselves as well.
Like with anything, if it sounds too good to be true, it probably is.
If these guys really do have a prototype for an affordable 3D printer and can't find ANYONE to invest in such an obviously profitable idea, there's probably something wrong there.
Just ashamed enough to take all the blame and apologize while making it crystal clear that no one else had anything to do with it!!
By giririsss Go To PostKickstarters and the like are something I never understood. They're basically asking for start up capital / free loan to start a business, of which you get no cut of. They make very little business sense to me. They would only ever make sense for passion projects. Which most of them no longer are.
Well that's because they aren't business loans. They're more like preorders to most people. You're not buying equity in a company, you're usually paying for a product before it exists. All most people who use it want out of it is the product they paid for.
I think it makes a lot of sense and it's good something like this exists, especially for games with how risk averse the industry currently is.
It just unfortunately doesn't work out sometimes.
THAT SAID this case in particular, while an extreme example, does highlight some of the flaws in the model. Backers should definitely be able to hold kickstarters accountable for squandering funds on expenses outside the scope of the kickstarter if they have evidence. Like say, the finance manager admitting he used 300,000 dollars to build himself a house on camera.
People need to be a bit more skeptical.
Yeah on some level the backers have to blame themselves as well.
Like with anything, if it sounds too good to be true, it probably is.
If these guys really do have a prototype for an affordable 3D printer and can't find ANYONE to invest in such an obviously profitable idea, there's probably something wrong there.
By Retro Go To PostWhat a sincere apology. I'm ashamed of my actions, but not ashamed enough to give up my 300,000 dollar house though.
Just ashamed enough to take all the blame and apologize while making it crystal clear that no one else had anything to do with it!!
Well that's because they aren't business loans. They're more like preorders to most people. You're not buying equity in a company, you're usually paying for a product before it exists. All most people who use it want out of it is the product they paid for.
I think it makes a lot of sense and it's good something like this exists, especially for games with how risk averse the industry currently is.
It just unfortunately doesn't work out sometimes.
THAT SAID this case in particular, while an extreme example, does highlight some of the flaws in the model. Backers should definitely be able to hold kickstarters accountable for squandering funds on expenses outside the scope of the kickstarter if they have evidence. Like say, the finance manager admitting he used 300,000 dollars to build himself a house on camera.
Yeah on some level the backers have to blame themselves as well.
Like with anything, if it sounds too good to be true, it probably is.
If these guys really do have a prototype for an affordable 3D printer and can't find ANYONE to invest in such an obviously profitable idea, there's probably something wrong there.
You're trying to have your cake and eat it too with that defense.
These ARE business loans / start up capital. 99% of kickstarters are idea's. if you can't find a business backer for your idea. Or are too afraid of it failing to get a business loan from the bank, then the risk is usually in the range of High to Extreme.
These projects don't start if you don't provide the money.
It's even riskier than buying a unit off-the-plan.
I get how most people justify it "If this happened, I would have paid x for the product anyway". But you have people crowd funding Pet Cafe's. And other stuff, stuff that you won't ever see.
I'm not saying it's a perfect system, but specifically for games I'm glad it exists.
Even if it is abused by certain individuals.
Even if it is abused by certain individuals.
By 33MillionDollarMen Go To PostA Tabletop RPG is fairly easy to produce and you can even outsource parts of it really easy to companies that mass produce cards, books and printed materials. It's essentially much easier than engineering the cheapest 3d printer on the market and doing so in a way it can be produced on a mass scale.A decent book is difficult to produce because the books are constantly undercosted for the labor that goes into making one. Mechanics, setting, and the writing thereof, layout, images, editing, and direction of all these items to ensure a consistent product in both theme and style. The only things typically outsourced are the writing (paying less than half the market rate), editors (also poorly paid), and art (a fair price actually because these artists have their shit together).
It all leads to something that is cheap for what it is (yet nerds complain they are still too expensive) and looks professional on the surface while it is anything but once a critical eye starts looking at them.
There have also been some scammers, of course, but most of those have been found by now and the big Kickstarters are now run by established companies. Similar to miniature manufacturing, really. Kickstarter is a life-saver for both these products and has changed the way parts of the respective hobbies operate. Particularly with miniature companies now being able to actually compe in the same market as Games Workshop
Still, a great deal simpler that creating a cheap 3d printer.
An addendum to why tabletop RPGs and miniature companies use Kickstarter successfully:
A huge reason why these companies moved to Kickstarter instead of (or in addition to) more traditional forms of funding is because it lets them know exactly the number of products needed. That is a huge deal because demand for these things is relatively low-volume with no easy way to determine demand while also having a low profit-margin. When printing a number of physical books or creating a mold for these low-volume products, it is important to only make as many as that will be bought. The "warehouse" is typically the owner's garage, afterall.
If they order too many, then they are left with tons of unsold stock which is wasted money. Compound that with the low profit-margin on each item (because this particular set of nerds is super cheap) and the person who made and is trying to sell these books/minis is out a lot of money.
Kickstarter helps protect the owners from that tremendously. It also helps this set of consumers to get products the like often at a higher quality or more material than may have been previously possible (the stretch goals drive a lot for this segment of the market).
A huge reason why these companies moved to Kickstarter instead of (or in addition to) more traditional forms of funding is because it lets them know exactly the number of products needed. That is a huge deal because demand for these things is relatively low-volume with no easy way to determine demand while also having a low profit-margin. When printing a number of physical books or creating a mold for these low-volume products, it is important to only make as many as that will be bought. The "warehouse" is typically the owner's garage, afterall.
If they order too many, then they are left with tons of unsold stock which is wasted money. Compound that with the low profit-margin on each item (because this particular set of nerds is super cheap) and the person who made and is trying to sell these books/minis is out a lot of money.
Kickstarter helps protect the owners from that tremendously. It also helps this set of consumers to get products the like often at a higher quality or more material than may have been previously possible (the stretch goals drive a lot for this segment of the market).
By Kibner Go To PostA decent book is difficult to produce because the books are constantly undercosted for the labor that goes into making one. Mechanics, setting, and the writing thereof, layout, images, editing, and direction of all these items to ensure a consistent product in both theme and style. The only things typically outsourced are the writing (paying less than half the market rate), editors (also poorly paid), and art (a fair price actually because these artists have their shit together).Mean more a rule book or the like. I've made books, isn't hard, and I could send them to something like blurb if I wanted more copies.
It all leads to something that is cheap for what it is (yet nerds complain they are still too expensive) and looks professional on the surface while it is anything but once a critical eye starts looking at them.
There have also been some scammers, of course, but most of those have been found by now and the big Kickstarters are now run by established companies. Similar to miniature manufacturing, really. Kickstarter is a life-saver for both these products and has changed the way parts of the respective hobbies operate. Particularly with miniature companies now being able to actually compe in the same market as Games Workshop
Still, a great deal simpler that creating a cheap 3d printer.
Indiegogo, but fuckery nonetheless: https://www.indiegogo.com/projects/september-11th-redux#/