Re: risk
Although it does not eliminate the risk it does cut down the risk of burning cash to often.
My personal rules for backing a kickstarter:
1. It MUST have at least one competent business member in the team, be it a person or partner company
2. It MUST have a working prototype. If all I see is claims and CGI videos then it does not get touched.
3. It MUST already have planned tool/manufacturing costs based on the crowd funded target. For kickstarter this is easy since the campaign either gets all funding or nothing. Not like the Indiegogo variable scamming. (I have no affiliation to either)
Any crowdfunded product that has not already been developed or prototyped is to much of a risk in my opinion and I would simply just wait for the product to hit retail. 3D printer kickstarters have made me so afraid of backing them I actually waited to see if the Trinus 3D printer was real and available for sale since it looked like a nice build.
Biting the hand that feeds IT
