Re:The Economics of a Kickstarter Project
by seandougall on Thursday May 15, 2014 @02:53PM
(#7751421)
Indeed. This whole post is a frustrating exercise in how not to do arithmetic. It's not Kickstarter's fault that he failed to budget the vast majority of his costs -- and failed to proof the product before shipping. Maybe next time he should invest a couple thousand up front and get a competent project manager.
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Re:The Economics of a Kickstarter Project
by preinheimer on Thursday May 15, 2014 @03:45PM
(#7751763)
Where in the post is he blaming kickstarter for anything? It's not the post I'm reading.
The post starts with the kickstarter & transaction fees because they come off the total amount raised.
The entire thing seems to have been delivered on time, and would have returned a reasonable amount of money without the reprinting & 2nd mailing costs.
As someone who saw the original version (with typo), and missed it entirely: it's easy to miss.
Heck, I had to look three or four times before I saw the typo, knowing that there was one!
Re:The Economics of a Kickstarter Project
by cameronmoll on Friday May 16, 2014 @11:10AM
(#7755877)
"It's not Kickstarter's fault that he failed to budget the vast majority of his costs..." Definitely not. But this is a primary reason for authoring the article—a heads up to others who may launch a KS campaign and not fully understand where all the money might go.