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Crowdfunding & Research

Kickstarter backlash?

babette feasts | Oct 14, 201407:18 AM     20

Yesterday I was reading comments on my neighborhood blog's post about a new burger joint to be opening soon that was hoping to raise funds via kickstarter. There were a lot of negative reactions to the kickstarter aspect, especially regarding the fact that these restaurateurs already have (seemingly) successful restaurants. A lot of 'why not just get a bank loan, you're already in business, why should we fund your next profitable venture?' plus some dismay that the rewards at various levels seemed cheap or not enough.

Do you see kickstarter as appropriate only for unique, first-time start-ups? Or is crowdfunding appropriate for a third restaurant, and anyone who needs funds for anything might as well try it? Is there a point in business where this gets tacky? If you contribute to such campaigns, how important is the reward/incentive offered?

Discuss!

eta the blog post: http://westseattleblog.com/2014/10/we...

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