Comment by brico

Kickstarter let's you basically preorder a product that lacks investors.

Being a startup investor has become the game rich people love to play. There are people who'll fund anything in return for a small percentage of the company in the hopes it might be the next Google/Facebook/Paypal ...

Billionaires don't want to be in the smallprinted section of the forbes-list, they want to be "legends" like Peter Thiel or Andy Bechtolsheim and want their name in the history books