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Re:You might want to reconsider that donation to the Reading... by theandrewbailey on Thursday May 29, 2014 @02:05PM (#7817650)
I also have a bone to pick with that paragraph. It's contradictory.

The author says that crowdfunding is theoretically supposed to bolster start-ups and small-business owners. The next sentence says that it's not supposed to be used by people with profit motives and private investors. Correct me if I'm wrong, but don't startups and small businesses usually have investors and want profit?

Re:You might want to reconsider that donation to the Reading... by jacalata on Thursday May 29, 2014 @02:08PM (#7817669)
It is not contradictory. They want profit but do not have private investors.
Re:You might want to reconsider that donation to the Reading... by chc on Thursday May 29, 2014 @02:59PM (#7817944)
Did I just read the statement "startups do not have private investors" on YCombinator.com?
Re:You might want to reconsider that donation to the Reading... by jacalata on Thursday May 29, 2014 @09:22PM (#7819640)
I should have said "they don't all have private investors". The article, as I read it, is making the argument that Kickstarter should only be used by entities who do not already have enough money to do whatever they are planning.