Crowd funding = "We've got a terrific design. We just need funding to bring our excellent prototype to market." Rockwell Model T = "Give us your money for an all stainless razor. Yeah, that's the ticket. All stainless. Coming in 2017." Later: "Sorry we didn't have a terrific design; we hadn't really thought about the problems, and it turns out we need to work with cheaper materials. But thanks for your money while we fantasized about a design that didn't work out. Hope you like our consolation prize. Which you may never get. We're sorry about that too." "But we've got your money, and you won't get what you expected, but having your money all this time has been great. Thanks very much." Oh wait, after over a year of waiting, while Rockwell has held my money, I could get a refund. They keep the financial float of everyone who paid in. Sweet.