mkirsch wrote:
People are not going to fork over their hard earned money to an unestablished business based on an artist's rendition.
The number of fully funded ventures on sites like Kickstarter and GoFundMe say otherwise.  I've always been amazed at the number of people willing to shell out big big bucks on someone's concept and a promise of amazing things without anything tangible to show for it.  Something like 45,000 people have sent money to Elio Motors for their 3 wheeler backed by a hilariously bad business plan that doesn't stand a snowball's change in hell of working.  But hey, tell the people that your product is going to "change the world!!!!" and they'll gladly empty their bank account on a promise!  Heck, I even liked the concept, but once I saw their financials, it was obvious that I'd stand a better chance at throwing a grand into lottery tickets.