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Back in 2012, developer Roberts Space Industries (RSI) launched a Kickstarter asking for money to fund Star Citizen—an ambitious space game in the mold of Wing Commander. It's 2018, and while parts of the game are playable in various forms, it's far from achieving what it set out to accomplish. So far, it's collected more than $200 million in funding from fans eager to play it.
Ken Lord was one of those fans, and an early backer of Star Citizen. He's got a Golden Ticket, a mark on his account that singles him out as an early member of the community. In April of 2013, Lord pledged $4,496 to the project. Five years later, the game still isn't out, and Lord wants his money back. RSI wouldn't refund it, so Lord took the developer to small-claims court in California.
It's a simple case of an investor who's upset he didn't get his money back, isn't it?
(Score: 2) by All Your Lawn Are Belong To Us on Friday July 20 2018, @02:35PM
And I think one might be able to raise a point that Kickstarter itself is an investment platform, albeit one that has novel benefits for those that choose to invest on projects that list on it. It's not a "store" where one buys finished goods. Nobody reasonable expects all investments to be successful or pan out. So this one didn't pan out. Tough on the investor who is disappointed in the product. But probably not actionable on those grounds alone.
This sig for rent.