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Old 07-15-2014, 07:39 PM
August August is offline
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Originally Posted by GradnerLives [You must be logged in to view images. Log in or Register.]
If I want these dog treats, and I pay $10 and get them, then great - my goal has been achieved. From the outset, I just wanted the dog treats that I can't currently get, not a continued share in the company's success or potential failure. If the goal doesn't get reached and my dog treats never get made, then I end up getting refunded anyways.

If I want equity in a company, then I know already that kickstarter is not the place to get that. I didn't care about whether or not I get the dog treats and owning 1.25% of a small home-based business probably wasn't worth the trouble to me or the business if we're talking $10 to begin with.

Both models have their place and it's absolutely infuriating when people try to wax smug on the kickstarter model as if these plebeian 'donators' have no idea how much they're getting 'suckered' by these small businesses. Kickstarter is allowing consumers to facilitate the role of investors without changing their role as a consumer or changing the business' role to that of a partner, and sometimes that's just what the consumers and businesses want. Most people don't have the 10's of thousands of dollars to throw around that would be necessary to interest a business in taking them on as a partner, and most small businesses don't want 50% of their ownership fragmented across 2500 different people.

As a consumer, not a venture capitalist, I appreciate what the platform offers and have received a number of neat products through it that probably wouldn't have become available on the open market otherwise.

If a friend of mine pre-orders a video game in order to get the deluxe edition when it comes out, I don't call him a moron because he didn't ask for a 0.00043% share of the company. Would you?
The problem is that the dog treats don't cost $10. If you need to raise funds, you should get a loan.

Get a loan - be able to produce dog treats - sell dog treats - pay back loan

Get a kickstarter - be able to produce dog treats - send them to your backers (for way less than they paid to your kickstarter ) - end of step.

Yes, consumers are getting taken for a ride. Acknowledge that kickstarter is at it's heart, a CHARITY. If you are doing a kickstarter on a for-profit venture, you're taking advantage of people. period.
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  #2  
Old 07-15-2014, 08:20 PM
GradnerLives GradnerLives is offline
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Originally Posted by August [You must be logged in to view images. Log in or Register.]
The problem is that the dog treats don't cost $10. If you need to raise funds, you should get a loan.

Get a loan - be able to produce dog treats - sell dog treats - pay back loan
Banks wouldn't fund apple because they thought it was a dumb idea for a company. Venture capitalists wouldn't fund the mini-printer I backed because they thought it was a dumb idea. Sometimes its hard to convey an idea as being potentially successful without prior success in an industry no matter how good the idea itself is. Investors looking to invest are going to scrutinize a company's perceived value and chance of success where a consumer will simply see a product they want to buy.

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Originally Posted by August [You must be logged in to view images. Log in or Register.]
Get a kickstarter - be able to produce dog treats - send them to your backers (for way less than they paid to your kickstarter ) - end of step.
Backers that only really wanted different dog treats than they can buy currently. Value is in the eye of the beholder and most kickstarters actually offer more than the market price of their rewards to those that back. Maybe not in this case, but who knows what dog treats sell for, you might actually be getting a discount here. I hate dogs, so I can't comment.

I'll agree $10 for a haiku is pretty steep, but $50 for a jar full of treats + jar sounds about right for market value of a special interest pet product. I also think it's dumb that people pay millions of dollars to get a new ship in star citizen every week when the game isn't out yet. In either case, you've paid and got something in return.

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Originally Posted by August [You must be logged in to view images. Log in or Register.]
Yes, consumers are getting taken for a ride. Acknowledge that kickstarter is at it's heart, a CHARITY. If you are doing a kickstarter on a for-profit venture, you're taking advantage of people. period.
It's not a charity if you're paying money to get something back.

You can criticize specific campaigns for being disingenuous or greedy, and you'd be right as there's a ton of examples of people making exploitative/dumb campaigns. They also aren't usually the ones that get funded. The model itself works quite well and has brought a huge number of innovative products to market, specifically in the realm of niche tech products like Naez brought up earlier.

As a consumer, I like it being around. As an investor, I have no opinion of it because it's not used to invest.
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Last edited by GradnerLives; 07-15-2014 at 08:26 PM..
  #3  
Old 07-15-2014, 09:50 PM
Ahldagor Ahldagor is offline
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eq·ui·ty
ˈekwitē/Submit
noun
noun: equity
1.
the quality of being fair and impartial.
"equity of treatment"
synonyms: fairness, justness, impartiality, egalitarianism; More
LAW
a branch of law that developed alongside common law in order to remedy some of its defects in fairness and justice, formerly administered in special courts.
(in the US, UK, and several other countries) a trade union to which most professional actors belong.
singular proper noun: Equity; noun: Equity
2.
the value of the shares issued by a company.
"he owns 62% of the group's equity"
synonyms: value, worth; More
stocks and shares that carry no fixed interest.
plural noun: equities
3.
the value of a mortgaged property after deduction of charges against it.



doesn't equal to the product being sold. business is cruel. much crueler than trolling could hope to be.

and grats on the degrees. mountain of debt?
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Old 07-15-2014, 10:05 PM
Shannacore Shannacore is offline
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Originally Posted by Ahldagor [You must be logged in to view images. Log in or Register.]
and grats on the degrees. mountain of debt?
<$20k for my undergrad + two masters. Job pays for most of my school. Hoping to sell $20k worth of dog treats though!~
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  #5  
Old 07-15-2014, 10:10 PM
Ahldagor Ahldagor is offline
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Originally Posted by Shannacore [You must be logged in to view images. Log in or Register.]
<$20k for my undergrad + two masters. Job pays for most of my school. Hoping to sell $20k worth of dog treats though!~
wut. there's a job that'll pay that much of someone's schooling?
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  #6  
Old 07-20-2014, 12:58 PM
visage visage is offline
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Default i too have a project.

This is a great idea!!!!!
I too need start up funds!!! If you pledge 100 dollars to me you will get a picture of me!!!!! Signed!!! 200 will get you a picture of me with underwear!!!! 300 will get you a picture of me in a towel and 500 will get you a pic of me in womans pantys.... the goal is 105k and of I meet it I will post your name written in sharpee on my junk!!!!! This is to fund my business of me...... legendary and sexy.... and not fat.... initially Tralina made these treats for her self.... the female dog she is.... now she wants to share for only $$800 oh joy!!!!
  #7  
Old 07-15-2014, 02:03 PM
Pokeman Pokeman is offline
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Originally Posted by r00t [You must be logged in to view images. Log in or Register.]
Most of the trolls here are miserable simpletons who are jealous they don't have the motivation to go out and do anything more than buy cheetos and mountain dew to fuel their everquest addiction from mom's basement. They have to hate on people with passions in life to feel better about themselves. This seems to be accurate given the petty nature of most of your complaints.

It's not like she's asking money for nothing. The top reward is a jar which can easily fit like 500+ treats. She could save the money for a side business on her own no problem, but it makes better business sense to do it this way, essentially taking pre-orders to cover startup costs. And there's nothing to worry about with perishables, peanut butter and purees come with preservatives (natural ones like vitamin E) already in them. And dogs can handle rice flour just fine, especially for a treat, it's an enormous stretch to call out on that.
get off naez computer [You must be logged in to view images. Log in or Register.]
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Old 07-15-2014, 02:52 PM
|3igHurb |3igHurb is offline
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Originally Posted by r00t [You must be logged in to view images. Log in or Register.]
Most of the trolls here are miserable simpletons who are jealous they don't have the motivation to go out and do anything more than buy cheetos and mountain dew to fuel their everquest addiction from mom's basement. They have to hate on people with passions in life to feel better about themselves. This seems to be accurate given the petty nature of most of your complaints.

It's not like she's asking money for nothing. The top reward is a jar which can easily fit like 500+ treats. She could save the money for a side business on her own no problem, but it makes better business sense to do it this way, essentially taking pre-orders to cover startup costs. And there's nothing to worry about with perishables, peanut butter and purees come with preservatives (natural ones like vitamin E) already in them. And dogs can handle rice flour just fine, especially for a treat, it's an enormous stretch to call out on that.
ur ugly and a nerd, be glad someone fucks u
  #9  
Old 07-15-2014, 06:59 PM
nalkin nalkin is offline
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Man if this gets funded im going to have to go out and buy a bunch of crep like a house and a bunch of crep to go with it, pets, camping gear, and new smart phones, then ask people to fund me cause i don't have enough money to do things.
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Hahaha, that is awesome. Right up there with...that one guy's....boat service before the boats worked.
  #10  
Old 07-30-2014, 11:19 PM
abacab-101 abacab-101 is offline
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Originally Posted by Littlegyno 11.0 [You must be logged in to view images. Log in or Register.]
i already offered to fund entire project for one sex video.
50/50?
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