Since Kickstarter’s inception three years ago, 30,000 projects have been backed by more than two million people, the company reports. But these are the success stories of Kickstarter, so what about the failures?
The company — built on the concept of crowd sourcing funds for innovative, avant-garde, unexpected and often unimaginable projects — has made its stake as a platform where inventors can take chances.
“The fact that Kickstarter allows creators to take risks and attempt to create something ambitious is a feature, not a bug,” Kickstarter’s blog states. “Some creators get in over their heads dealing with processes that are new to them.”
To read the original article: What Happens to Your Money When Kickstarter Fails?
