When It’s Totally Stupid to Back Tech Crowdfunding Projects

Collaborating on an investment that has real-world consequences isn’t just for high-rolling venture capitalists, anymore. Crowdfunding services like Kickstarter and Indiegogo allow all of us to pitch in to projects that we’d like to see realized in the same way that we’d pitch in for a pizza when having a few friends over for Battlestar Galactica night. Different tiers of investment generally earn you different rewards when the goal is reached (or the pizza arrives — more breadsticks, anyone?).

On a conceptual level, crowdfunding is a great idea that’s been responsible for the completion of a variety of projects that may have otherwise never seen the light of day. There are new games, new albums, new movies, new comic books, new breweries, new clothing lines, and even new potato salads in the world thanks to successful crowdfunding drives. And as much as a successfully crowdfunded project is appreciated by the project creators who directly benefit from the influx of cash that allows them to do their thing, there’s a certain feeling of satisfaction that comes with being on the investor side of it, too…

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