[hueving]

They are nothing close to debt. If they were, you would be getting back cash at the end. Heinz can't take a loan for a million dollars and send back a tank full of ketchup as repayment.

[dragonwriter]

> Heinz can't take a loan for a million dollars and send back a tank full of ketchup as repayment.

Yeah, if you take money now for product later, that's an order rather than a bond.

But, then, looked at that way, Kickstarters are more like stores than any form of financing.