When Reddit quietly announced their new Redditmade project last night, we worried it'd be a quasi-Kickstarter knockoff where titillated teenagers crowdfund the release of hacked nudes. But Redditmade is much, much more pitiful: it simply allows Reddit's moderators to hawk depressing merch to the site's volatile masses.
Kickstarter has decided to update its famously laissez-faire attitude when it comes to protecting donors who have pledged more than $1 billion through the company over the years. The new terms state that a successfully funded campaign that fails to produce "rewards," i.e. the product, may have to "return remaining funds." If not, they could be "subject to legal action by backers."
There is a mystical place in San Francisco where whiskey drinks are made with marshmallows, salads contain pork three ways, rows of grilled cheese are constantly replenished, and the pale beer option is saison. All of it is free. People are healthy as fuck. It's as if everyone stepped out of a PacSun commercial.
The Startup Swindlers have a long history of running scams. A Valleywag tipster alerted us to another lawsuit filed against the Pashanin brothers. This time, it's a 2009 lawsuit in which pair were accused of squatting a San Francisco SRO hotel room for three months, once again refusing pay rent or vacate the premises.
The Airbnb squatters want to make sure their "10/10, would squat again" experience lasts as long as possible. Forcing their "host" to undergo months of expensive legal work to evict them was only the beginning. Now the startup swindlers are reportedly wearing disguises to avoid being served an eviction notice.
The two brothers that have been squatting on an Airbnb rental since May have a history of exploiting peer-to-peer startups. Before exploiting California tenant laws to secure months of free rent, they managed to milk nearly $40,000 out of gullible Kickstarter donors. And they're pleased with their racket, saying they "would squat again."
The story of how a young programmer named Aaron Swartz convinced celebrated academic Lawrence Lessig that no political progress could be made without first reforming campaign finance is now part of Silicon Valley lore. In May, Lessig launched a radical initiative to address the issue: MAYDAY, a SuperPAC that secured funding from two Silicon Valley billionaires in order to curtail the influence of big money.