Kickstarter has now joined Farcebook and Twatter as the hangout of fools.
Kudos to Mr Brown though for having a laugh.
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A healthier perspective is to think of this guy as an entertainer. He's like the guy playing that guitar in the subway or doing improv in the park. He's not founding a startup and recruiting capital, he's just funny enough being himself that a few thousand people were entertained enough to give him a few bucks, without having to actually be "sold" on any kind of "value". Which is actually a pretty uplifting message about the value of creativity to society.
ah.... but the point of the whole exercise is that it's an investment... No actual guarantees.
The art at the base of Kickstarter ( and like setups) is to find the few gold nuggets in the field. You simply don't have to have oodles of cash lying around to participate in the same amount of risk.
Kickstarter isn't what I'd call an investment - its a funding platform where people donate to enable a project to proceed. Typically for larger donations they get something back, but the low level donations this may simply be their name listed on a website.
If one of these projects suddenly becomes a multi-billion dollar success, then the original people who funded it don't get a large return.
At most this is an "investment" in the same way that an ebay purchase is.
There are true investment type sites for start-ups, but they are high risk and require a lot more than a couple of £/$ to participate.
It was not always this way, Back when a 404 error existed in one place, tit interwebs was a place to hide from the madness of celebrity, where information flow from one person to another and gained something on the way,
Me I blame AOL and all these disks the sent out, even if 1 in 100 fools managed to get the disk in the correct slot the correct way up, eventually the fools would take over !
the real story should be "lots of idiots give some guy some money for free because he's just to so damn RANDOM!"
theregister aside, this is why i avoid most areas of the internet where there's a danger of me interacting with too many other people. fucking calling each other 'Bro' and everything. Horrible when you get a student placement at work nowadays and they emulate this exact behaviour and you can predict 90% of the next day's conversation by looking at reddit
"oh great. tomorrow the conversation will be about a cat falling off a roof onto a bouncy castle. I don't have to bother having that conversation now."