On January 20, 2025, during President Donald Trump’s inauguration festivities at Washington D.C.’s Capital One Arena, Elon Musk made a hand gesture that ignited…
6 terrible tech crowdfunding failures
Crowdfunding has allowed developers and entrepreneurs an easier means of raising money while giving the public the power to influence their success. Great ideas are usually victims of absent capital, are able to germinate and mature while rewarding those who funded those ideas. It’s a self-sustaining ecosystem, and it’s brilliant — but only for good ideas.
Often browsing through Kickstarter, Indiegogo and other crowdfunding platforms, one is greeted by completely unexplained, incomprehensible or utterly stupid concepts. Many of these fail due to a high funding goal, lack of publicity or a viciously competitive market. Others are just simply terrible.
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