Well there's a surprise...

[RantMachine]

So first in mid/late July there was this:

http://rideapart.com/articles/investors-remove-skully-founders-company

Then at the end of July there was this:

http://rideapart.com/articles/bad-worse-skully-systems-goes

And then finally it comes to this:

http://rideapart.com/articles/lawsuit-filed-skully-founders-accused-spending-corporate-cash-personal-matters

...Anybody the least bit surprised?

Crowdfunding at its best right there

[SouthernManc78]

Yeah when people who have a good idea but no idea what it takes to run a business and with that amount of cash it wasn't going to end well was it [emoji3]

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[Hoggs]

I love some of the stuff on crowdfunding sites but I am too much of a cynical person to give them money!

At least the investors get a letter!

"Unfortunately, those who initially invested in an AR-1 helmet on Indiegogo will not be refunded. However, a letter on the Indiegogo web page states that those who invested funds for a Skully helmet will receive a notice from the bankruptcy court in regards to how to file a claim"

[Gin]

Surely part of gofundme and all the like is that it's a risk..

I thought that you had to agree to a waiver that says "If this falls through, shit happens" ?

I have to admit I don't go on those websites much, I probably should as I've heard some Cool stuff come out of them but just never consider it on my lunch break..

[Glorian]

lol

[RantMachine]

CROWDFUNDING FOR BEGINNERS

1. Have daft idea that sounds fun but nobody has ever brought to market because

a. Market is too small

b. Production costs are too high

c. Idea is utterly impractical

d. Idea is a stupid novelty that seems like a good idea when reading about it online but nobody will actually buy once it comes out

2. Create basic website that looks very impressive but doesn't actually commit to any proper info. Ask a friend who knows The Photoshops to make some concept images so it looks like you have your shit together. In the "About Us" section, have a small selection of naff photos of you and the friends you've roped in for the ride, giving everyone a job title including the words "Director", "CEO", or "Manager". Grow a silly beard, start wearing flannel shirt.

3. CROWDFUND THE HELL OUT OF IT

4. Spend money of booze and hookers.

5. Occasionally release updates to investors, again using The Photoshops friend (aka Creative Director) to fabricate photos of your 'progress'. HEY GUYS WE'RE MAKING GREAT PROGRESS *insert faked photos of product* BUT NEED MORE MONEYS!

6. Repeat stages 3 to 5 until investors catch on.

7. LOLZ TERMS AND CONDITIONS I AIN'T GOTTA DO SHIT

8. Sell everything you bought along the way and move somewhere new where investors can never find you, and can live off the grid as a self sufficient vegan in a house powered by self satisfaction alone.

[Glorian]

again using The Photoshops friend (aka Creative Director) to fabricate photos of your 'progress'.

 

Speaking form experience there? *does background check*

[Nell]

Colour me stunned.

[Valko]

CROWDFUNDING FOR BEGINNERS

1. Have daft idea that sounds fun but nobody has ever brought to market because

a. Market is too small

b. Production costs are too high

c. Idea is utterly impractical

d. Idea is a stupid novelty that seems like a good idea when reading about it online but nobody will actually buy once it comes out

2. Create basic website that looks very impressive but doesn't actually commit to any proper info. Ask a friend who knows The Photoshops to make some concept images so it looks like you have your shit together. In the "About Us" section, have a small selection of naff photos of you and the friends you've roped in for the ride, giving everyone a job title including the words "Director", "CEO", or "Manager". Grow a silly beard, start wearing flannel shirt.

3. CROWDFUND THE HELL OUT OF IT

4. Spend money of booze and hookers.

5. Occasionally release updates to investors, again using The Photoshops friend (aka Creative Director) to fabricate photos of your 'progress'. HEY GUYS WE'RE MAKING GREAT PROGRESS *insert faked photos of product* BUT NEED MORE MONEYS!

6. Repeat stages 3 to 5 until investors catch on.

7. LOLZ TERMS AND CONDITIONS I AIN'T GOTTA DO SHIT

8. Sell everything you bought along the way and move somewhere new where investors can never find you, and can live off the grid as a self sufficient vegan in a house powered by self satisfaction alone.

 

Good write up

What if you are out of ideas and stuck at point 1 like me?

[RantMachine]

Good write up

What if you are out of ideas and stuck at point 1 like me?

You have to settle for second prize... no ill-gotten crowdfunding gains, but an extra large helping of NOT A DICKHEAD

https://www.youtube.com/watch?v=o_5uVdy5YmA

[Mr Fro]

Ollie my friend. That is the best thing I've seen since my auntie Mable caught her left tit in the mangle.

[MR_W]

Ollie my friend. That is the best thing I've seen since my auntie Mable caught her left tit in the mangle.

bast*rd I just woke the baby sleeping in my arms by laughing so hard.

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[SouthernManc78]

Lmao reading that, getting some funny looks at the bbq I'm at

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