Evening Crowdfunding Roundup [May 02, 2014, 6:13 pm ET] – Share – Viewing Comments
WaltC wrote on May 3, 2014, 01:44:jdreyer wrote on May 2, 2014, 23:20:
Kickstarter is very similar to the lottery or to gambling casinos: you're often told about how wonderful it would be if you win the Powerball...
I don't think this is a great comparison. Scuzzy and psychologically manipulative certainly describe Vegas and state run lotteries, but they are also heavily regulated. Vegas has to pay out a certain amount over a certain time period, get shut down. Same with state run lotteries, some one gets the pay out eventually. If either of these institutions ever just said "sorry, no one won, we're pocketing it" they would be dismantled.
Agree that Kickstarter should still by buyer beware though.
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