Comment · Thu, April 16, 2015 · Ceretropic
Noots getting attention -- article linked to by Drudge! Good thing or bad thing?
What they were answering
AddMoreWeight · 1 points
Crowd funded product sales is just doing business in (partial) reverse. Instead of Building capital, making a product selling a product, recouping losses and finally profiting, crowd funding sells the product, builds the capital, makes the product and eventually profits. There are a lot of ways that a crowdfunding campaign can go wrong to the point of no recovery.
TL;DR: crowdfunding successfully is harder than it looks, and isn't worth the risk for most established, growing businesses.
u/MisterYouAreSoDumb · Ceretropic
Ohh I agree. I would rather risk my capital on things I feel confident about, rather than risking other people's capital on things they are confident about. I like to keep things simple. Leveraging other people's money always gets complicated.