Originally Posted by malcolmvexxed
Very true, I guess if poisoning the well was permanent an awful lot of companies never would have had repeat buyers.
The main caveat though... is that in many cases, the Corporations do have the "Discipline" and "Depth of Strength" to cope with these disasters, avoid them, or spin-doctor them away.
Just look at "The Xbox 180 Statement" issued by Don Mattrick, in which Microsoft recanted their entire DRM strategy and ended with "Thank you for helping us shape future of Xbox One."
I remember back in the early 2000's... there was this analysis of the dot-com bubble bursting. And many analysts said... that while the Internet "changed many market dynamics", the lesson was that the model got misapplied.
There were sites thinking of selling beer on the internet when in reality they could only cater to their neighborhoods... there was even a site selling ad space when all it really contains was instructions for how to eat a banana - it was just one page.
There were ridiculous things like this... to which analysts said: "Use of the internet as a medium of commerce became undisciplined and many of the proponents on it were either intentionally performing in irrational ways, or were doing so out of operational inexperience."
"At the end of the day, reality catches up."
Brick-and-mortar corporations, whose experience and "manuals" date back to the Industrial Revolution, normally have more expertise, more experience, and benefit from higher Operational discipline.
But like I said, it doesn't mean it never happens to them... It just means they know how to cope with it better... but again.. the logic of what they do is available to Indies who do their homework.
And even when the dotcom bubble burst... People just learned how to market (and buy) properly online. It'll be the same thing with Crowdfunding. There will be "guidelines" and "Key Performance Indicators" that help people weed out the good from the bad to the downright evil.
The "wild period" right now with crowdfunding is not unlike the time when somebody thought a web-site about "How to Eat a Banana" would be big business.