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Jun 24, 2019 - 10:22:22 PM

unifics22

Thailand

4 posts since 5/29/2019

Has anyone in the forum used Go Fund Me for banjo related issues such as trips, equipment, etc.? Thanks.

Jun 25, 2019 - 1:32:59 AM
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Players Union Member

bob gregory

Australia

276 posts since 12/17/2007

It's a big issue in Australia at the moment I always thought Go Fund Me was to help people that were extremely ill and people raiseing money for a charity 

Edited by - bob gregory on 06/25/2019 01:45:47

Jun 25, 2019 - 4:37:38 AM
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Texasbanjo (Moderator)

USA

22890 posts since 8/3/2003

I've never seen GoFundMe used for items that people can save up and buy.

I doubt that we would allow such a thing on the Hangout, but the final say would be Eric's, not mine.

We have had a couple of threads to help members who have medical issues.

Jun 25, 2019 - 5:02:33 AM
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Players Union Member

Neil Allen

France

774 posts since 6/15/2014

At the risk of appearing cynical, this reminds me of people who ask for charity sponsorships so they can go on a free trekking holiday up Kilimanjaro...

Jun 25, 2019 - 6:37:12 AM
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10494 posts since 2/12/2011

Like anything else, it is subject to abuse. Not good.

Jun 25, 2019 - 7:57:21 AM
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KCJones

USA

474 posts since 8/30/2012

Go Fund Me has very few rules on what can be funded. Basically anything goes, it's pretty much digital panhandling.

Kickstarter is similar but has more solid delivery/refund policies. It could be described as distributed venture capitalism. I would think that if you're raising money for a project/tour/album, Kickstarter will get better results because you offer something in return for payment. 

IndieGoGo is another similar service, but it is designed for inventors. If you're developing a new product, IndieGoGo is a good bet because it's geared towards funding R&D for new inventions and selling new products directly to customers. 

All three are good services, just different in their focus. 

I once saw a Kickstarter that was for a guy to make a potato salad. Literally just he wanted $10 to buy supplies for a potato salad. A joke. It became a viral meme, he ended up raising $55,000 and published a potato salad cookbook. The internet is amazing sometimes.

Edited by - KCJones on 06/25/2019 08:02:32

Jun 25, 2019 - 9:10:41 AM
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1971 posts since 4/5/2006

I would think the potato salad book author owed a lot of free books to his donors. But I doubt any of them received any more than a thank you for thier donation. Our capitalist system had all this figured out long before the Internet. It's called the stock market. I suspect the potato salad guy would come under penny stocks.

Jun 25, 2019 - 12:02:47 PM

64 posts since 4/10/2018

polygon.com/2016/7/17/12208840...ger-brown

Everyone who donated got a copy. You can read about it at the link above. It started as a joke. The cookbook looks interesting. With Kickstarter the typical deal is you invest and then receive something.

Jun 25, 2019 - 12:52:06 PM
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hoodoo

Canada

479 posts since 10/6/2017
Online Now

As one of my favorite comedians once said "Go fund me? Go work!"

Jun 25, 2019 - 4:01:52 PM

NealR

USA

181 posts since 8/14/2009

This reminds me of Kylie Jenner/Kardashian who wasn't quite a BILLIONAIRE so her fans started a Go Fund Me to push her over the Billion mark. P.T. Barnum said "there's a suck born every minute"

Jun 26, 2019 - 11:51:07 AM

99 posts since 4/11/2019

I suffer from a sever case of BAS, like many members here.

I really MUST have that Vega-Fairbanks Style X on the marketplace, it is the only cure known for BAS. Its really not ridiculously expensive and should placate the symptoms for a least a few months.

Jun 26, 2019 - 12:20:36 PM

Mooooo

USA

6895 posts since 8/20/2016

There was recently a very successful GoFundMe drive to benefit a very deserving, down-on-his-luck, member and regular contributor here on the BHO. The kind members donated enough to have a brand new banjo made for him. I imagine you wouldn't have much luck trying to fund something for yourself, that you can't afford on your own, without a track record here on the Hangout. I don't think people will fund someone who joined a month ago with only 3 posts. And certainly not without any videos or MP3s and a ton of posts helping out others...but, it's a free country...

Edited by - Mooooo on 06/26/2019 12:21:47

Jun 26, 2019 - 1:47:46 PM

mander

USA

3493 posts since 10/7/2007

I looked into the on line fund raisers to see if it would be a realistic way to fund the publication of my books. After a through look over, the short answer is "NO." By the time the fundraiser company has taken its cut, and the government has taken its due (the donations are viewed as income unless you are a non-profit,) you end up having to raise three times as much as you really need in order to get your project off the ground. You'll need to raise even more than that if you have to mail a product as part of the donation process. That inflated amount makes it look like you are either greedy, or the cost is so high no one believes you'll raise it so they don't donate. I don't know what the stats are, but I imagine the overwhelming number of Go Fund Me fail to raise the amount needed.

Jul 3, 2019 - 9:35:30 PM

unifics22

Thailand

4 posts since 5/29/2019

I was curious to see if it had been done. Personally if I can't save up for something, then it must not be for me.

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