isabella_oliver_musician
Sun Sep 01 2024
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What are the risks of Kickstarter?
When considering using Kickstarter to fund a project, it's important to be aware of the potential risks involved. One risk is that you may not reach your funding goal, which could lead to delays or even the cancellation of your project. Additionally, there's always the possibility of fraud or scams, where individuals may pose as legitimate project creators in order to solicit funds. It's also worth noting that Kickstarter takes a percentage of the funds raised as a fee, which can eat into your project's budget. Furthermore, managing the expectations of backers and delivering on your promises can be challenging, and failure to do so can lead to negative reviews and damage to your reputation. Lastly, Kickstarter projects are public, so there's always the risk of negative feedback or criticism from the public. Are these risks something you're prepared to take on?
