There are plenty of ludicrously ambitious projects. It takes someone like Gavan running and communicating about the project for it to be a success even if it doesn't make it to the finish line.
The outcome of a lot of over ambitious projects is that there is virtually no communication after funding and then they come up with some bs story about how they spent all the money before they could get anything to show for it.
Crowdfunding would be 10x what it is today if all of the "failed" projects had failed with regular communication, significant progress throughout, and a handoff of material (code or kit type release).
Unfortunately this is the exception rather than the rule.
The lack of communication from some projects has little to do with how ambitious they are. Simple projects can be terrible at keeping backers in the loop. I absolutely agree that it's a problem, and maybe something that actually represents an opportunity. An app that pushed project founders to communicate regularly would be useful...
The outcome of a lot of over ambitious projects is that there is virtually no communication after funding and then they come up with some bs story about how they spent all the money before they could get anything to show for it.
Crowdfunding would be 10x what it is today if all of the "failed" projects had failed with regular communication, significant progress throughout, and a handoff of material (code or kit type release).
Unfortunately this is the exception rather than the rule.