The founder of Kickstarter Yancey Strickler has a new post talking about the pitfalls of stretch goals.
More information.Over time we’ve seen a growing number of creators adding “stretch goals” — unofficial targets beyond a project's funding goal, with promises of new rewards or other incentives if they are reached. Stretch goals are seen as a way to keep pledges coming in after a project’s funding goal has been reached. But are stretch goals a good idea?
All-or-nothing funding is simple and clear: a project has a single goal, and backers support the project in its pursuit of that goal. Stretch goals muddy the waters. What if someone got in early and helped a project reach its funding goal, but now the creator is focused on stretch goals? What if someone backs a project for a stretch goal-related reward, and that goal isn’t met? Both are bad experiences for backers.
For a typical stretch goal a creator will promise to release their game in additional formats or add extra functions if certain funding goals are hit. But expanding a project’s scope can change the creative vision and put the whole project at risk. We’ve seen stretch goals leave some projects overwhelmed, over-budget, and behind schedule.
As many creators and backers have learned from experience, often what seems like "extra" money isn't extra at all. If a project has a funding goal of $10,000 but raises $1 million, does that mean its creator got an "extra" $990,000? Not at all. More money means more backers and rewards to fulfill — and less margin for error.