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When A Kickstarter Campaign Fails, Does Anyone Get Their Money Back?

article Crowdfunding
When A Kickstarter Campaign Fails, Does Anyone Get Their Money Back?
Summary Crowd funding began as a way to support the arts on the Internet. Now it's expanded to entrepreneurs, and the rules aren't quite as clear.
Description On Kickstarter, the largest crowd-funding site, a handful of entrepreneurs have raised millions of dollars more than they'd expected, by selling the concept of products they have yet to make. But financial backers have no clear way of getting a refund if the young businesses fail to deliver.


SOURCE LINK to the full article: http://www.npr.org/blogs/alltechconsidered/2012/09/03/160505449/when-a-kickstarter-campaign-fails-does-anyone-get-their-money-back?ft=3&f=2,3,5,7,10,13,35,39,46
Tags: Crowdfunding, Crowdsourcing, Kickstarter, Ouya
Claire Mackay Posted by Claire Mackay
Sep 03, 2012 11:06 pm GMT Viewed 1045 times
Author: Aarti Shahani Source
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