The Verge did a piece exploring the (seemingly obvious) pitfalls of crowdfunding, including one project that made off with nearly a million dollars. The Federal Trade Commission has not stepped in to punish any abusive campaigns. This is why I get a little itchy and uncomfortable posting any crowdfunding stuff here. Hell, I'm not even comfortable with pre-orders; excepting apps on iTunes since those can be refunded. Caveat Creditores.
Crowdfunding gives gadget makers the power to launch their own companies, but sometimes their dream dies not long after launch. In this episode of In the Making, reporter Ashley Carman looks at how crowdfunding platforms Kickstarter and Indiegogo are changing their business to prevent creators from never shipping their product.
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