The worst of crowdfunding in Singapore

TL;DR – With our powers combined

According to reliable online sources (by that, I mean Wikipedia as usual), the concept of crowdfunding goes way back to the 1730s to save the Bank of England. This concept got more popular recently with the help of the Internet and sites such as ArtistShares and IndieGoGo.

Besides crowdfunding for new ideas and products, we also have a few Singaporeans that got creative with what one can do with their creative ideas popularity.

Roy Ngerng

$81,000 for legal defence against Prime Minister Lee Hsien Loong’s defamation suit

Image source: http://www.straitstimes.com/

Han Hui Hui

Undisclosed amount (though online sources mention $39) for fine for disrupting YMCA event

Image source: http://www.straitstimes.com/

Bong Qiu Qiu

$20,462.88 for legal fees against previous management agency ChurpChurp

Image source: bongqiuiqu.blogspot.sg

Amos Yee

On-going… for relocation fund to USA

Image source: http://www.straitstimes.com/

Singaporeans (for some strange reason I must say) seem to be really enthusiastic about bringing the Kampong Spirit back these days. Of course, helping one other is not wrong but I really do not agree with such crowdfunding actions to solve problems that they had created for themselves in the first place. You created the problem and you expect people to pay for your mistake simply because you do not want to compromise your quality of life? Is it me or is this idea of crowdfunding simply putting the original concept of it to shame?

You know there is this other ancient idea they should probably explore? It’s called don’t make your problems others’.



Author: Smith Leong

I'm a self-made thousandaire with a thing for tatts and a loud mouth you probably don't care about. Also blogs at www.smithankyou.com


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