Where Does $122,874 Go ?

Where Does $122,874 Go After Its Kickstarter Is Canceled?

Do your homework before you put money at risk, but don't let risk keep you and the people you help with crowfunding from moving forward.

Kickstarter is the go-to crowdfunding site for people hoping to launch ambitious and oftentimes niche projects. But it takes more than money to turn ideas into realities, and sometimes Kickstarter campaigns — even ones that raise more than three times their goal — fail. That's what happened to the now-appropriately-named board game, The Doom That Came to Atlantic City!
 
The Doom was by all accounts a successful campaign. It launched with a goal of $35,000 and crushed it by nearly $90,000. It had 1,246 backers expecting rewards ranging from branded desktop backgrounds and T-shirts to custom art from the game. In an update emailed to backers and posted on the project's Kickstarter site July 23, creator Erik Chevalier wrote: read more...

If you investigate it, you'll find the cold fact is most start up businesses fail, even those that could be very successful, because of insufficient funding.
Take a chance with a small amount of money for a product you'd really like to have. You'll help a struggling business, boost our economy and chances are you'll be the first kid on the block to have something really cool.

Where Does $122,874 Go After Its Kickstarter Is Canceled?