You're right, but at least in my head there's a _big_ differences between $5 or $10, or even $300 Kickstarter pledges, and the amount of money required before "whether equity is expected in return or no".
Unless otherwise stated, my personal expectation would be that amounts under about $1000 wouldn't possibly be expected to have equity in return.
Other people may have different thresholds, but surely nobody really expects equity for sub $100 "investments"?
> Unless otherwise stated, my personal expectation would be that amounts under about $1000 wouldn't possibly be expected to have equity in return.
For me, I'd expect equity starting at the point where I'm providing something significant, rather than simply part of a mob. If I'm providing the equivalent of living expenses for a year or two, for instance, or enough money to purchase serious infrastructure, like an office. I think the floor for that amount starts at 20k as an extreme minimum.
Unless otherwise stated, my personal expectation would be that amounts under about $1000 wouldn't possibly be expected to have equity in return.
Other people may have different thresholds, but surely nobody really expects equity for sub $100 "investments"?