I've always been a wee bit skeptical of Kickstarter and its "cousins". I know a few local entrepreneurs who have engaged a variety of crowd funding resources with mixed results. There have been a few cases of fraudulent startups that made off with a few bucks, but their "success" wasn't any better than the results garnered by legitimate enterprises. Some interesting stats.
The biggest shortcoming is that like any DIY project, without the availability of hands-on mentoring and meatspace networking — such as what's offered by traditional incubators and accelerators — most ventures fail within a half year of being weened off of crowd funding.
SBA loans, VC, and straight bank business loans are a challenge for most startups, but the concept of DIYVC comes with caveats of its own.
Xplain's use of MacNews, AppleCentral and AppleExpo are not affiliated with Apple, Inc. MacTech is a registered trademark of Xplain Corporation. AppleCentral, MacNews, Xplain, "The journal of Apple technology", Apple Expo, Explain It, MacDev, MacDev-1, THINK Reference, NetProfessional, MacTech Central, MacTech Domains, MacForge, and the MacTutorMan are trademarks or service marks of Xplain Corp. Sprocket is a registered trademark of eSprocket Corp. Other trademarks and copyrights appearing in this printing or software remain the property of their respective holders.
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.