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Re:The Economics of a Kickstarter Project by timfrietas on Thursday May 15, 2014 @03:13PM (#7751543)

    I'm not sure why anyways would set a funding goal of $10k for a project 
    they already spent $15k on if they actually expected profit.
Kickstarter campaign contributors have an auction mentality. eBay listings that start with a low starting bid counterintuitively tend to sell for higher amounts; similarly Kickstarter campaigns that are overfunded are more attractive to donors because they are feel they are backing a winner.

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