Startups are all the rage these days. From simple Socio-enterprise startups, to software startups of apps and service people from all walks of life are creating startups . Entrepreneurs are also provided with a myriad of ways to fund their projects. Finding investors and a potential audience has never been easier with the internet and social media helping to spread ideas and word quickly across the globe. This kind of funding is unparalleled in the history of Mankind. Granted that the benefits of these types of technology is widespread, there is always a negative side to everything and in this post we will be looking at the ugly side of crowdfunding.
When I say scam startups, what do I really mean? Well if you haven't been living under a rock, you would have seen the headline-making "revolutionary" products that are crowdfunding on Kickstarter. Some of those products are really good, but others are pure scams. Here's a list of just a few of them.
- Solar Freaki