Government's Crowdfunding Con Job Hurts the Economy

Government's Crowdfunding Con Job Hurts the Economy
AP Photo/J. Scott Applewhite

Modern product development involves large corporations using crowdsourcing websites like Kickstarter or Indiegogo as the modern version of the focus group. They develop, or have someone develop, a prototype then post a campaign, and if the campaign takes off they roll out the new product. The whole…

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