Legally Sound | Smart Business

The guys talk about Kickstarter and who exactly is responsible for when campaigns fail to provide rewards to backers. Full Podcast Transcript NASIR: Welcome to our podcast where we cover business in the news and add our legal twist. My name is Nasir Pasha. MATT: And I’m Matt Staub. NASIR: And welcome to our Kickstarter campaign to raise funds for what? For ourselves, right? We’re just going to take the money and leave. MATT: I don’t know if that’s allowed under their terms of service, but how much are we looking to raise? NASIR: Well, it’s for our podcast – to help us fund the podcast. As far as how much we’re looking to raise, I think I would say a minimum of $1.00 but maximum $2 billion. MATT: The minimum is the important thing because, if you set your minimum and, in order to actually get the proceeds from Kickstarter, you have to reach your minimum. If not, then nothing happens. NASIR: Oh, okay. MATT: So, yeah, we’ll just have to make sure that we’re following the rules that Kickstarter has on it