Most Kickstarter Gadgets Aren't Delivering on Time

How many of Kickstarter’s crowd-funded tech gadgets actually deliver to donors on time? The answer is surprisingly low. George Deeb, the Managing Partner of Red Rocket Venture Consulting & Capital, told Fox News that because, “Kickstarter is no different than Facebook or Twitter that do not police its users … If Kickstarter does not do a good job ensuring a good user experience, ill-will will spread and they will tarnish their brand.” Last year, The Wharton School found that nearly 75 percent of Kickstarter gadgets missed their shipment date, and as this story points out, the site currently has an “F” rating with the Better Business Bureau after failing to respond to a few user complaints. (Kickstarter is currently not accredited by the BBB.) What advice do experts have for potential donors? Do your research to make sure companies have the ability to actually manufacture the product. Joel Townsan, the founder of a company that didn’t reach their goal for Flipout Screwdriver cautioned, “Unfortunately, there’s no way to tell ahead of time which projects are going to launch as planned and which ones are going to be an absolute disaster. But that’s kind of the fun of it all” …

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