Ok, explain something else to me about stocks: the company issues stocks, usually an an IPO, sometimes other times, basically taking out a loan, yes? Why does it then matter to the company how much those shares are worth in the future? Why does it care what it's trading at?
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Yeah, it's ultimately more like PBS: a donation with a gift in return, but without the value of the donation matching the gift.
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Right, and to avoid running foul of the federal law protecting "unqualified investors", KS *can't* sell actual investments of any kind Kickstarter backer rewards cannot promise you any kind of cash return on your money
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You can, obviously, be scammed on Kickstarter still, but it's a model of fundraising designed to put strict limits on what you were promised when you paid your money, so there's a limit on the liability the company bears if they don't deliver
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Hence the notorious fact that KS fails rarely get taken to court because of the inherent difficulty of organizing a class action lawsuit among thousands of people who are all out $50
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