Crowdfunding or gambling? (23 Jun, 2014)

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Crowdfunding or gambling? (23 Jun, 2014)

Postby aardvark_admin » Mon Jun 23, 2014 9:36 am

This column is archived at: http://aardvark.co.nz/daily/2014/0623.shtml

If people are willing to throw millions of dollars at ideas that are clearly never going to work -- should someone like myself feel it unreasonable to use crowdfunding to finance the continued development of my own SAA system?
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby Stevesub » Mon Jun 23, 2014 9:50 am

Go for it, most investments are a gamble. The sharemarket is a huge risk if you don't know what you are doing, believe it or not so is property if you buy in the wrong place, buy the wrong place, have the wrong tennants. Even some of the banks overseas were a risk and people lost their money a few years ago. People invest in these risks all the time so why not your SAA system, just another investment that may or may not give a return. Up to the punters to decide what they do with their money.
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby nutbugs » Mon Jun 23, 2014 11:00 am

+1 @stevesub

Especially if you have a high level of confidence in your project and can put together a compelling proposal :)
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby pctek » Mon Jun 23, 2014 11:18 am

Nothing wrong with ethics and morals.
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby aardvark_admin » Mon Jun 23, 2014 11:25 am

pctek wrote:Nothing wrong with ethics and morals.

You sir, have no future in politics! :lol: :lol: :lol:
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby A Bradford » Mon Jun 23, 2014 3:00 pm

...
Last edited by A Bradford on Sun Aug 25, 2019 11:40 pm, edited 1 time in total.
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby hellonearthis » Mon Jun 23, 2014 3:35 pm

Totally go for the crowd funding, it will give you exposure as well as some cash. Don't forget the add T-shirts, Badges and the like to get every dollar.
Then get some pay some paper pushing wizard to interface with the bureaucrats and provide them with the verbose paperwork needed.
I bit like the old Steve Jobs, would be a hard ass businessman and let the details be managed by the good cop paper pushers.

The whole solar road is a fail, can't see them lasting long with a few hundred 35 ton trucks a day running over them.
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby Anaru » Mon Jun 23, 2014 5:17 pm

A Bradford wrote:I wasn't intending on re-registering as I am not particularly technical and dont have much to contribute but really thought many of you would enjoy this.

http://www.youtube.com/user/Thunderf00t/videos


Cheers, he's well worth the watch.
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby Screw » Mon Jun 23, 2014 7:06 pm

hellonearthis wrote:The whole solar road is a fail, can't see them lasting long with a few hundred 35 ton trucks a day running over them.


Yeah. They make it hard to get a decent feed out of roadkill too!
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Re: Crowdfunding or gambling? (23 Jun, 2014)

Postby Kiwiiano » Tue Jun 24, 2014 7:49 am

aardvark_admin wrote:This column is archived at: http://aardvark.co.nz/daily/2014/0623.shtml

If people are willing to throw millions of dollars at ideas that are clearly never going to work -- should someone like myself feel it unreasonable to use crowdfunding to finance the continued development of my own SAA system?


I personally believe you are offering an ethical product and would be happy to drop a small sum into the pot if only as a donation for a worthwhile cause. Getting some return in the future would be icing on the cake.

Leave out mention of the vindictiveness of CAA et al, just focus on the worthwhile aspects of your project.
~ Kiwiiano
“I'm not a total idiot. Parts of me are missing!”
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