Fat Chance Kickstarter

[halaburt]

Re: Re:

...I would be very surprised if Chance didn't proceed despite the very small shortfall.

From the KickStarter rules:

Payments > Date charged
Funding on Kickstarter is all-or-nothing. That means that if a project is not at or above its funding goal at the deadline, no money changes hands and backers are not charged for their pledges. If a project you back is successfully funded, you will be charged only at the project's deadline.

So... If it ends at $115k, he gets $0.

 

[sinnerman]

Re: Re:

...I would be very surprised if Chance didn't proceed despite the very small shortfall.

From the KickStarter rules:

Payments > Date charged
Funding on Kickstarter is all-or-nothing. That means that if a project is not at or above its funding goal at the deadline, no money changes hands and backers are not charged for their pledges. If a project you back is successfully funded, you will be charged only at the project's deadline.

So... If it ends at $115k, he gets $0.

I see that, but it didn't stop BTR continuing with there frame project when they didn't hit there target,.....and lots of happy customers too from what I can gather...

http://www.btr-fabrications.com/products/pinner/

https://www.kickstarter.com/projects/bt ... ike-for-ev


But lets face it, even if the target was five grand short, you would surely pledge the money yourself to kickstart a monster plan like this.........Unless he is skint.

Back to my original point, two young kids in a shed in Somerset, set up on there own and unknown and gain respect and notoriety...... and they push through all obstacles they face, they design and manufacture themselves, with a practically unheard of name in historic terms.

The Chris Chance scenario is different in that, there is history and an iconic image........ that whats got this that far, if he cant step up to the line to cover the minimal shortfall, then I feel sorry for the poor buggers suckered this far......

it will work im sure, someone will cover it.

 

[sinnerman]

As cynical as this will sound.........I guess there is a fundamental difference between the two bicycle companies using this kickstart platform.

One wants to earn a living building and designing bicycles, the other wants to earn Profit from little more than trading off a Name.


I like the way these boys in Somerset have given it a go for sure......id certainly have a little more confidence giving them my money based on these examples.


"We were “two guys with a dream in a shed” working day jobs and building bikes in evenings and weekends. Since we started the feedback from our customers has been awesome and our frames have been featured in mountain bike magazines and selected as one of the best products of 2014 by the Dirt 100"

 

[highlandsflyer]

I think we should give the guy a chance. Lots unnecessary negativity in this thread. How unlike Retrobike!

 

[sinnerman]

I think we should give the guy a chance. Lots unnecessary negativity in this thread. How unlike Retrobike!

Its not negative.

Fickle, sceptical, objective perhaps.

Look at the differences between the kickstart listings....

https://www.kickstarter.com/projects/bt ... ike-for-ev

https://www.kickstarter.com/projects/14 ... escription

whats the missing element from the Fat Chance listing...?

I think fickle, objective and sceptical is a spot on evaluation of this thread after reading two real time kickstart programs.

 

[M-Power]

Re:

I doubt Chris is going to make a killing from resurrecting the 'brand' with new products. He loves what he used to do, building awesome frames/bikes. It is his identity in the bicycle industry, his legacy and achievement in life.

He should have made a prototype frame or two. Much as we all know how great his FCC products are, new customers fascinated by the mystique and cool factor need to see what they are getting.

I'm happy with my collection of 26er HT bikes but would invest in a replacement Ti SAB 650 if it comes out, which hopefully it will. I have stumped up $250 for a nice collection of new apparel. I hope that the true Fat fans on here will do the same asap, to get this launched.

Come on guys...

Give the next generation a Chance

 

[sinnerman]

Re: Re:

I doubt Chris is going to make a killing from resurrecting the 'brand' with new products. He loves what he used to do, building awesome frames/bikes. It is his identity in the bicycle industry, his legacy and achievement in life.

He should have made a prototype frame or two. Much as we all know how great his FCC products are, new customers fascinated by the mystique and cool factor need to see what they are getting.

I'm happy with my collection of 26er HT bikes but would invest in a replacement Ti SAB 650 if it comes out, which hopefully it will. I have stumped up $250 for a nice collection of new apparel. I hope that the true Fat fans on here will do the same asap, to get this launched.

Come on guys...

Give the next generation a Chance

Im all for this working, but It is about the Money.

If it were about building bikes for passion and love, he would have started it all over again with a small shop, putting his own money down and built on it properly, much in the same way as BTR,

This is about BIG business, and little else, cashing in on the Name. if not he would be building frames one at a time.

 

[highlandsflyer]

I don't see the equation with the likes of BTR. No reason I can think of that an icon of the trade should start from scratch again, ignoring the cache their name possesses.

He is entitled to use the name. Not sure about the new Pink Floyd album though.

 

[mr_ship]

Re:

Oh yeah, it's gonna be huuuge :roll: He'll be a millionaire probably by the end of the year

He has orders for 20 odd frames ATM and most people riding mountain bikes today won't know or care about Chris Chance and the history behind him. This needs to be put in a bit of perspective. Having said that, in the future, why shouldn't he profit from his name and the history behind the brand which he created?

Anyway Carl, how are you going to build yours up

 

[CTK]

Re:

Whats the problem? He is making bikes under his name again. If they are too expensive they wont sell.

Its not like Trek have bought the name and are wringing it out for all its worth.