Hey SPIKE! – Kickstarter is not for rich people

Spike_Lee_at_the_2009_Tribeca_Film_Festival

http://www.businessinsider.com/spike-lee-kickstarter-film-details-2013-7

Spike Lee is rich – He is worth an estimated $40 Million dollars. The median net worth for a family in the US is roughly ~$100k. So using those figures let’s estimate that Spike is 400 times more rich than an average Joe. 400 times! So should he be raising money at all? Further…when you think about those figures…$1.25 Million to Spike Lee, which is the amount he is trying to raise for his film, is 3% of his NET worth. That would equate to around $3k for normal people for some perspective. So it’s not a totally insignificant amount of money but point being…he can do it himself. He shouldn’t need to leverage Kickstarter for a pet project that benefits only him at the end of the day. I’m sure SPIKE would feel that hit to his bank account if he plopped down $1.25 mil on something but he is in a different stratosphere. Perhaps he moves his court side season tickets a seat or two off center or…(gasp) even a few rows back to make up for that hit to his funds.

This dude is LOADED and if he is dying to make a film where he has 100% of the creative control then I gotta say spike “Do the right thing” and pony up and get it done! Don’t use crowd funding and ask your “fans”, most of which are not RICH like yourself, to donate money for your creative freedom when you are more than capable to do it yourself. Kickstarter is not a new pool for you to pull more wealth from so to potentially generate even more money for yourself and yourself alone.

Famous/rich people should not use Kickstarter – it’s counter to the original intent of the platform and completely silly when you really think about it.

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