Originally Posted by
shrooms
Advise is simple don't finance anything on kickstarter.
Before Angel investors finance a business insurance purchased, contracts signed, oversight provided and so on. Even after all the procedures it's still a risky business where high risk trades for a great return. I hope you get the idea what kickstarter really is.
It depends on the situation. When an existing company, like a Bike Friday or even Vello, have an item on kickstarter then the odds are pretty good they will come through. It's much harder for a new company to get it right. With helix, the cost differential between the kickstarter price and the projected retail price was a few hundred bucks - not worth the risk to me. For smaller items like bike accessories, if it doesn't turn out okay, your loss isn't that big a deal so you can take a chance. I wonder if anyone has written Helix and requested a refund....