Sunday, April 14, 2013

In Response To Dan's Crowd Funding Post

In his post Dan talks about crowd funding, or kickstart projects. Kickstarter is a website where projects are funded by donations by people who visit the site. In his post Dan questioned whether or not these funding these projects is worth the donation for the people who contribute to them. I think depending on the projects it would be well worth the donation. Depending on the cause, people could be very satisfied with donating a large sum of money, it's about that individuals connection with the project being donated to. In some instances I believe it would be appropriate to share the profits of the project with it's initial donors, such as in Dan's example of funding a movie. I think in that case some of the profits from the movie should be distributed among the donors of the project, since they essentially provided the means to make it happen.

What is your opinion on this matter? Should donors to kickstarter projects be reimbursed should that project succeed on a financial level?


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