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by cjh_ 4784 days ago
As soon as I saw how much over the minimum it had gone, I too had the same thoughts.

However I am not so sure about a kickstarter imposed maximum, as certain projects (say non physical goods) can grow indefinitely (in terms of the quantity of the product given out) but have a minimum amount before they are able to bring the product to market.

I think it is more useful for the creator of the kickstarter to set a minimum and optional maximum.

I also quite like the idea of holding some amount in escrow until progress has been made (maybe anything over twice the minimum or similar).

1 comments

This seems like a good idea now that I think about it some more. The Kickstarter goal should be the minimum amount needed to get a viable product to market. Once you've figure out that you can make it, you should shift your product to a store model and direct users from Kickstarter to the store to purchase it.

Too much money in these cases may create a sense of complacency and encourage "take it and run".