Kickstarter

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Kickstarter Review

Kickstarter is one of the most popular crowdfunding sites, but could it work for funding your small business?

    Jason Vissers
  • UPDATED

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Jason Vissers

Jason Vissers

Expert Analyst & Reviewer at Merchant Maverick
Jason Vissers has been researching, analyzing, and writing about small business software and finance since 2015. His financial expertise has been cited in numerous publications, including The Ladders. Jason graduated with a Political Science degree from San Diego State University in 2001.
Jason Vissers
View Jason Vissers's professional experience on LinkedIn.



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4 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Michelle

    Organization Name: First Children’s Book

    Kickstarter is a horrible program and I won’t be using them again. I basically raised enough funds for 25% of my project. I was only allowed 60 days to raise $6,000 and if I didn’t meet the goal, all the donations/purchases would be refunded. Unfortunately, I funded the rest of my project from savings and ended up paying a $300 5% Kickstarter commission and a $200 payment processing fee. I would’ve been way better off using Etsy or GoFundMe. Do not recommend!

    1
    • Organization Name: First Children’s Book

    This comment refers to an earlier version of this review and may be outdated.

    Gill

    Kickstarter is being used as a cynical pre-order (and pre-pay) system by serial product developers. It is now a substitute for starting a business and I worry about the ongoing support for items sold in this way.

    1

      This comment refers to an earlier version of this review and may be outdated.

      tony

      Avoid Kickstarter. I invested in a project. The Creator has failed to communicate since early August, now it is almost November and the project is 4 months late. Kickstarter basically takes the investors money and absolves itself of any and all responsibility to ensure the creator talks to their investors let deliver on their promise. The project I backed has over 1200 comments – the vast majority are negative along the lines of “at least talk to us” or “where is my xxx”, a few are “I have received it but it does not work”.I have rattled Kickstarters cage a few times asking them to do something – they steadfastly refuse and just say read our Terms and Conditions.In my opinion it is tantamount to fraud.They take our money and run.To make matters worse the Creator is seeking funding on another project. Despite their failures on the other one Kickstarter has allowed it.HOW CAN THAT BE RIGHT.

      1

        This comment refers to an earlier version of this review and may be outdated.

        Max Lewenhaupt

        Organization Name: Discovery Channel

        Sorry, not agree at all. I get scammed and they do not protect any backer.is to use under your own risk.

        1
        • Organization Name: Discovery Channel

        This comment refers to an earlier version of this review and may be outdated.

      Comments are closed.

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