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Old 01-15-2014, 09:01 PM   #2
jetskier
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Quote:
Originally Posted by JasonG View Post
I may have missed this, but when does Kicksterter back an actual business? I thought they only did product ideas, non profit, movies, etc. Not an A-Z business?
The kickstarter concept is fundamentally to support nascent businesses by either paying for their product (which does not exist) or for some honorarium such as is listed for Hermit Woods Winery. The fundamental issue has been that investors in nascent companies had to be "accredited" meaning that you had to meet either income or net worth levels to qualify and own equity. This is a mechanism to get around that and open up to a wider population. I am an angel investor, entrepreneur and consultant....yes, I have kicked in to a couple of companies on Kickstarter too.

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