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by ghostfish 5165 days ago
At first I thought that failed Kickstarters were a small minority of projects, but I've come to think that failed projects (or at least greatly delayed) are the norm, rather than the exception. Of 4 projects I've funded 1 was delivered as promised and on time, 1 is currently on pace to be delivered only slightly late (~1 month), one is 5 months late and still being designed, and one is mostly content complete but over a year late for physical delivery. People really, really don't seem to realize what they're getting themselves into with these, and drastically underestimate time to completion.
2 comments

That's why it's important to know that you're founding an idea, not buying a pre-release product.
does Kickstarter post stats on these kind of things? Like what percentage of funded projects are delivered?

if not, why not?

probably because its not beneficial for them to publish these stats, but I would love to see these statistics.
Actually, found the blog article: it's 46% in 2011 (43% in 2010), but whatever: http://www.kickstarter.com/blog/2011-the-stats
That's actually just the percentage of projects that hit their funding goal. There is no indication of what percentage delivered.

I suspect someone could figure this out. To my knowledge, all funded projects still have accessible pages. You could go through them all and see which have updates that indicate shipping...

Ahh, I believe you're correct. I optimistically read those stats...
they have a blog posting where they state something like 40% of all funded projects were delivered in 2011.