[runako]

First, I didn't mean to sound quite so negative on your project. I actually hope you succeed. If this is something the industry needs, I have no doubt you'll be a wild success.

I just take issue with raising money from unsophisticated unaccredited investors without even providing complete disclosure or binding contracts in return. I know a lot of companies do it, and I dislike it in those cases too. I also know I'm in the minority here and that it's only a matter of time before companies with huge VC backing & public companies are using Kickstarter to raise money. I think that's a bad thing, but others disagree.

Also, quickly:

- I'm not against for-profits using Kickstarter; most of the efforts there are for-profits. But companies that have raised millions of dollars probably should disclose that fact prominently in their campaigns.

- Similarly, the fact that you've been denied investment by >50 institutional investors is relevant in asking for money. It might be positive for some, negative for some. But it's likely not going to be a no-op for most.

- My figures come straight from Crunchbase, I'm not more connected than that.