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Rated X wrote:Burn wrote:There's nothing new about this at all. People have been investing money into start up companies for decades, hell, they've probably been doing it longer.
This is just a DIFFERENT way of doing it.
Sure it would be great to already have the money to start up a business, but why should those who have a great idea but no money not be denied the opportunity to get a bit of a hand up?
What world would we be living in if all ideas relied solely on the already rich?
Seriously ... I'm going to be "outspoken", but only the already rich should be allowed to invest? That's **** stupid.
It doesn't have anything to do with being rich or poor. If you flip your own dividends, whether its dollars or millions of dollars, you're an entrepreneur. When you persuade other people to flip their own dividends for your profit, you're a pimp. It's that simple. There's nothing wrong with pimping if you call it what it is. But when you disguise it as entrepreneurship, you're kidding yourself. We don't know if PWTT are rich or poor. All we know is they didn't want to go the traditional route which has brought so many 3rd parties success on their debut products. So one is only left to speculate why they chose Kickstarter. I speculate that they have the money but not 100% confidence they would score a home run. For that they should have just gone back to the drawing board. After all, they do draw a lot.
Rated X wrote:Agamemnon wrote:So, you're saying unless I have money, I should not be an entrepreneur? Most have to "beg money" from someone to invest. Traditionally that's banks. Sometimes that's rich "friends." How is this any different? Yes, it's a clever new way to find investors, but it's very innovative. And no one is forcing us to invest. It's all voluntary.
Just because it's new and unfamiliar doesn't really warrant such name calling, does it?
Taking a loan out from a bank is not begging because you are paying them interest. That's a business transaction. Also while pledging may be voluntary, everything PWTT has done to sell you on that pledge is a form of persuasion. Even if it all succeeds, it's still large scale internet pimping at it's finest.
william-james88 wrote:Also be weary of hope in this hobby. Hope is just undiscovered disappointment.
Agamemnon, barebacked rider of flying robo-dragon, and not often constipated either...My nephew wrote:Bacon is meat candy.
Agamemnon wrote:Rated X wrote: Taking a loan out from a bank is not begging because you are paying them interest. That's a business transaction. Also while pledging may be voluntary, everything PWTT has done to sell you on that pledge is a form of persuasion. Even if it all succeeds, it's still large scale internet pimping at it's finest.Agamemnon wrote:You obviously haven't tried to secure a business loan. In order to secure that loan from the bank for a business proposition, they have to be sold on the idea, or some very heavy collateral needs to be provided. What you are deriding PWTToo for doing is exactly what they would have to do for a bank, only they would need to provide all kinds of business plan documents and show that the investment is worthwhile. Here, PFTT just has to show us cool products.
Tsutsukakushi wrote:Think your missing out on the obvious. Some of these Former Hasbro employees now with PWTT were making Six figure yearly salaries with Hasbro. It's a safe bet to also assume some owned homes and had stocks options in the company. These guys didn't need to go to a bank and ask for money. All they had to do was borrow some equity from their home mortgage. or cash in some of their Hasbro stocks to fund this PWTT project. X, is correct, None of these former Hasbro Employees now with PWTT had the faith in their PWTT toys to help fund this project.
Think it's a shame these PWTT guys are asking fans to fund this project. When they clearly have the funds or options to do so themselves.
Jeep! wrote:Why do I imagine Dead Metal sounding exactly like Arnie?
Intah-wib-buls?
Blurrz wrote:10/10
Leave it to Dead Metal to have the word 'Pronz' in his signature.
Wigglez wrote:Just remember. The sword is an extension of your arm. Use it as if you're going to karate chop someone with your really long sharp ass hand.
william-james88 wrote:Also be weary of hope in this hobby. Hope is just undiscovered disappointment.
Agamemnon, barebacked rider of flying robo-dragon, and not often constipated either...My nephew wrote:Bacon is meat candy.
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