Date:         Fri, 19 Apr 2013 17:55:10 -0400
Reply-To:     Jim Akiba <syncrolist@BOSTIG.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Jim Akiba <syncrolist@BOSTIG.COM>
Subject:      Re: Kickstarter to drive a Westy across China
Comments: To: Jeff Lincoln <magikvw@gmail.com>
In-Reply-To:  <CA+Spi22R-Fo9pRUM9ub7LBD-BFEmvJ72Qw_-pkL+Kbmd2a0VPw@mail.gmail.com>
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" THose who choose to donate do so knowing:
a) get something in return"

That's not the case, there is no guarantee, many kickstarter projects
fail and rewards are never received. Kickstarter still gets their cut
though. Crowdfunding is interesting and is growing, but just like in
any investment model there are scams looking to sucker money out of
people. Even if they don't set out to do that at all, they can turn
out that way and have.

Jim Akiba

On Fri, Apr 19, 2013 at 7:00 AM, Jeff Lincoln <magikvw@gmail.com> wrote:
> That's the beauty of Kickstarter - it's not begging - it's crowd funding.
> It is designed to meet a specific goal (publish a book, record an album,
> develope a video game, etc etc). THose who choose to donate do so knowing:
> a) get something in return (each Kickstarter has rewards based on level of
> donation) b) that if the project isn't fully funded the donors are charged
> nothing.
>
> This is how the final stages of the Bus Movie was funded with many of the
> folks on this list donating if I recall.
>
> As for the project we are discussing I thought the same thing at first -
> but there is value in the book that they will write. I'd much rather chip
> $20 towards something like this than some other things I can think of.
>
>
>
> Thanks,
>
> Jeff
> '85 GL (Gertie)
> '78 Bus (Melissa) Patty's Bus