The Economics of a Kickstarter Project

Re:The Economics of a Kickstarter Project by trcollinson on Thursday May 15, 2014 @02:11PM (#7751166)

I think it is really good for people to see the break down of a Kickstarter campaign like this. I see that he gave a short summary into his feelings and I am sorry he was upset with the outcome of this business experiment. I am sure his backers are glad to have his work but would be sorely upset that the artist feels this way at the end of the experience when they put their hard earned dollars into backing his dream.

I guess if an artists point in making a kickstarter is to fund or pay back an interesting and fun side project, ~$4,000 and a number of people now owning your art and knowing your name is a huge payoff (with many hundreds of units of unsold merchandise left over being icing on the cake). If an artists hope was to make this their full time income, then I hope this business experience was a learning one. Kickstarter has made funding business different, not any easier.

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Re:The Economics of a Kickstarter Project by preinheimer on Thursday May 15, 2014 @03:52PM (#7751801)

I backed the project, I have a copy of the poster.

I don't read that post as Cameron being upset about the outcome, more of a frank look into the profitability of the venture so far. He has been up front with everyone along the way, including during the tyop issue. He'll continue to sell the remaining posters (at a higher price than many backers paid) to pull in additional revenue.

I'm not upset with this at all, I appreciate it.

+1 would back again.

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Re:The Economics of a Kickstarter Project by cameronmoll on Thursday May 15, 2014 @05:22PM (#7752329)

Very happy with the outcome, indeed. I thought it was important, however, for others to understand what goes into (and comes out of) creating a Kickstarter project, and how they might avoid misjudging costs—as others have pointed out here.

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