SSE Student? One of the two SSE-programs is arguably the hardest program to get into in Sweden. Sometimes the Karolinska medical school has a higher entry requirement. Graduating from there usually means you are set and don't need to scam anyone for a _very_ comfortable life.
A Swede who created a $400K Indiegogo-scam
41–50 of 83 posts
Re: A Swede who created a $400K Indiegogo-scam
#42Re: A Swede who created a $400K Indiegogo-scam
#43Stop, Drop, & Retro has some really good YouTube videos calling out IGG/KS campaigns (focused on the retro gaming scene) and he does a decent job breaking it all down.
Re: A Swede who created a $400K Indiegogo-scam
#44Earlier quoted context omitted.
https://www.kickstarter.com/projects/322231573/zen-blanket-t... ==> SEK 4,149,969 or $460,4330 USD https://www.indiegogo.com/projects/zen-blanket-the-blanket-f... ==>$806,268 so in total $1,266,728
You might have a typo: 460,4330?
Re: A Swede who created a $400K Indiegogo-scam
#45Aren't these platforms meant to protect against this kind of scam?
How can you protect against such kind of scam on such kind of platform? An airplane can reduce the risk of falling down, but if you want to be protected(!) against falling down from the sky you shouldn't enter a big piece of metal that lifts off from the ground.
Indiegogo seems to not have such statistical intelligence.
Re: A Swede who created a $400K Indiegogo-scam
#46Indiegogo in particular is super sketchy, I did a campaign with them and they had an employee there contacting me and telling me all the shady stuff they can do to help me be successful and if that I can guarantee I'll raise x amount they'll do all these extra things like put it on the front page and in the newsletter and whatnot. They let you extend campaigns forever if you arne't about to hit your goal so you can k…
I really don’t get how you could consider them helping to promote popular campaigns shady. I mean it’s the very point of the entire platform, and how both they and their users and the backers of projects gain value.
Re: A Swede who created a $400K Indiegogo-scam
#47Re: A Swede who created a $400K Indiegogo-scam
#48Earlier quoted context omitted.
How can you protect against such kind of scam on such kind of platform? An airplane can reduce the risk of falling down, but if you want to be protected(!) against falling down from the sky you shouldn't enter a big piece of metal that lifts off from the ground.
Entering a piece of metal that can uplift you is a calculated and well-known statistical risk you can evaluate if it worth being taken for the service it provide. Indiegogo seems to not have such statistical intelligence.
The fact that a house-fly already has the statistical intelligence for funding Indiegogo projects doesn't mean that there isn't any
Re: A Swede who created a $400K Indiegogo-scam
#49Indiegogo in particular is super sketchy, I did a campaign with them and they had an employee there contacting me and telling me all the shady stuff they can do to help me be successful and if that I can guarantee I'll raise x amount they'll do all these extra things like put it on the front page and in the newsletter and whatnot. They let you extend campaigns forever if you arne't about to hit your goal so you can k…
“all the shady stuff ... things like put it on the front page and in the newsletter and whatnot.” I really don’t get how you could consider them helping to promote popular campaigns shady. I mean it’s the very point of the entire platform, and how both they and their users and the backers of projects gain value.
Re: A Swede who created a $400K Indiegogo-scam
#50Waiting to pay for a product until it actually exists won't kill you.
It will, metaphorically, if a lack of funding will kill the product (or prevent it from ever being made). Crowdfunding is a financing option, complete with the part where the financiers are exposed to risk.
Crowdfunders are exposed to risk, but they aren't going to profit. Real investment comes with the prospect of an actual upside for the investors, but if I can just buy the product later when it actually exists (crowdfunding discounts aside) why not just do that?