> Kickstarter is not a preorder system. It is a system that allow those with ideas (and not enough money) to present their idea to those who have money. Those with the ideas get to get money without giving up ownership in their idea. Those with the money, potentially can get the fruits of the idea at a reduced price.
Or, in some cases, help create a useful product that would not otherwise exist.
> The problem is that there is a huge risk that the idea may never develop into an actual produce or it may not be exactly as hoped by the creator or the monetary contributor.
The (micro or macro) venture capitalist always has to evaluate the project he or she is funding as to likelihood to succeed.
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Jim Saklad mailto:jimdoc@icloud.com
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