Profit is Good

http://ryancarson.com/post/50920451769/profit-is-good

by ryancarson • 13 years ago

7 7 13 years ago

KuraFire2• 13 years ago

Kickstarter projects are not allowed to be turned into for-profit companies, even though KS themselves broke their own rules in this by turning a blind eye for Penny Arcade.

If they want to turn Ghost into a for-profit company and not a non-profit organization, they can follow in Wordpress’s footsteps exactly: create an open source, non-profit blogging platform, then later create a separate entity (a for-profit company) to offer additional services for money.

But that’s assuming that is their goal. Who’s to say their goal isn’t simply to create a much better blogging experience than Wordpress for the same reason Wordpress was created in the first place (to offer a much better blogging experience than existed at the time)?

I’m all for companies having a business model and focusing on both quality and profit, but that does not preclude the valuable existence of non-profit organizations and open source projects, like jQuery or my own project, Modernizr.

I think a better use of time would be to criticize the obviously for-profit startups that obviously have no business model than an exit strategy of hoping to eventually sell, or get enough users and investment capital to grow to the point where ads become viable.

ryancarson2• 13 years ago

Where does it say that Kickstarter projects can't be for-profit?

gonerill• 13 years ago

http://www.kickstarter.com/start

Kickstarter projects can of course be for-profit, or be launched by for-profit companies. But Kickstarter cannot be used to solicit investment or start a for-profit company.

dragonwriter• 13 years ago

> Kickstarter projects are not allowed to be turned into for-profit companies

Kickstarter is used very much for projects by for-profit companies. Maybe there is some accurate but confusingly presented point behind this, but if so it could definitely use clarified (and perhaps a specific reference to the rule at issue.)

KuraFire2• 13 years ago

> Can Kickstarter be used to solicit investment or loans?

> Nope. Kickstarter is a new form of commerce and patronage, not a place for investment or lending. You’ll never give up ownership or pay back any funds raised on Kickstarter. Ever.

http://www.kickstarter.com/start

petercooper• 13 years ago

Amen. I've bumped into the "anyone trying to make a profit is a sinister shark" types in the event organization world. More intimate, non-profit community events provide a totally different experience to large, commercial events, yet there are people who would irrationally love to wipe out the latter rather than live and let live.

Doing things for profit is certainly not the only (or even best) way but it's a perfectly legitimate approach that can be done honestly and with integrity, and not one worth dismissing out of hand even if it doesn't fit into your worldview.

ryancarson2• 13 years ago

Yes, that backward mentality was especially prominent in the event space. We experienced that a lot when I was running Carsonified.

Profit is Good

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