Reply to post: Crowdfunding, Again

Backers of Planet Computers' Astro Slide 5G phone furious after shock specs downgrade

hoola Silver badge

Crowdfunding, Again

What is find strange is:

a, The number of people who are prepared to give money to a funky website with no guarantee of getting any form of product in return.

b, There have been numerous, quite public failings of Crowdfunding where all the money has been lost.

c, People keep setting up Crowdfunded schemes.

a, People are gullible and maybe it is a case of once burnt never again but there are a lot of people

b, The people signing up either don't read, take any notice or believe that it won't happen to them.

c, It is far too easy to setup a Crowdfunded venture and there is no regulation or oversight. If is open to all sorts of crackpot ventures that provide money for the people setting it up.

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