Author Topic: Crowd Rules with Pat Kiernan (Read 20467 times)

tvmitch · « **on:** May 08, 2013, 09:57:24 PM »

New show on CNBC, looks like a Shark Tank clone, premieres soon I think. Saw promo on CNBC. Good to see Kiernan in anything, really.

TLEberle · « **Reply #1 on:** May 08, 2013, 10:09:18 PM »

From what I read it was nearer Dragon\'s Den meets Queen for a Day/Without Prejudice.

Yay host, boo everything else. But I\'ll watch anyway because it gives CNBC a chance to pull something other than a hash.

goongas · « **Reply #2 on:** May 08, 2013, 11:30:31 PM »

Michael Davies is producing it.

Jimmy Owen · « **Reply #3 on:** May 10, 2013, 05:26:32 AM »

Sounds okay. Would a CNBC game show based on the stock market be an audience draw? Give people x amount of shares of a company and at the end of the day award cash based how the stock performed?

MikeK · « **Reply #4 on:** May 10, 2013, 11:12:44 AM »

Sounds okay. Would a CNBC game show based on the stock market be an audience draw? Give people x amount of shares of a company and at the end of the day award cash based how the stock performed?

Several years ago, Jim Cramer had a similar segment with college students and they tracked stocks over an extended period of time, possibly a week or two weeks, with the top school winning scholarship money. Unless you have a vested interest (read: either monetary, or associated with the students or the school) in such a show, would you watch? Such a show sounds boring to me. Also, I have run similar simulations with my students in the past. Interest waned real fast since they weren\'t playing with real money.

BrandonFG · « **Reply #5 on:** May 10, 2013, 11:22:50 AM »

It would have to be very, very, very \"loosely\" tied in to the stock market. Think Barry-Enright bonus game c. 1980, where you pick a number 1-10, and try to collect $1,000 in investments before hitting the bad guy (we\'ll call it the \"market crash\").

Even if you made it a straightforward Q&A about finances, it would be about as exciting as that Bob Goen \"Beat the IRS\" thing posted a few months ago.

Sidenote: when I was younger, I read the TV listings and found a CNBC show called Money Wheel. Thinking it was a game, I tuned in, and was quickly disappointed.

/Learned about bull markets though

//Just kidding...I quickly turned the channel

CarbonCpy · « **Reply #6 on:** May 10, 2013, 11:28:01 AM »

Somewhat disappointed that this isn\'t \"Kickstarter: The Game Show.\"

\"I\'m asking $3500 to make an anime comic book that\'s like The Racoons, but it\'s set in Japan.\"

[TOTAL VOTES: $0.23]

\"It\'s an accessory for your iPhon--\"

[TOTAL VOTES: $100m]

clemon79 · « **Reply #7 on:** May 10, 2013, 12:22:49 PM »

\"I\'m asking $3500 to make an anime comic book that\'s like The Racoons, but it\'s set in Japan.\"

[TOTAL VOTES: $0.23]

\"It\'s an accessory for your iPhon--\"

[TOTAL VOTES: $100m]

God, SO MUCH THIS.

I\'m pretty sure I could Kickstarter a bumpersticker that reads \"It\'s an accessory for your iPhone\" in 8-point Comic Sans and raise $50K based solely on that string appearing in the description.

/iSheep will spend incredible amounts of money to be validated

TLEberle · « **Reply #8 on:** May 10, 2013, 12:27:54 PM »

Several years ago, Jim Cramer had a similar segment with college students and they tracked stocks over an extended period of time, possibly a week or two weeks, with the top school winning scholarship money.

Was this different than the Fast Money MBC Challenge that aired on CNBC about five years ago? Thing I remember about that is that the two finalist schools put all their seed money into energy stocks.

Oops.

BrandonFG · « **Reply #9 on:** May 10, 2013, 01:16:53 PM »

\"I\'m asking $3500 to make an anime comic book that\'s like The Racoons, but it\'s set in Japan.\"

[TOTAL VOTES: $0.23]

\"It\'s an accessory for your iPhon--\"

[TOTAL VOTES: $100m]

God, SO MUCH THIS.

I\'m pretty sure I could Kickstarter a bumpersticker that reads \"It\'s an accessory for your iPhone\" in 8-point Comic Sans and raise $50K based solely on that string appearing in the description.

/iSheep will spend incredible amounts of money to be validated

Or my other favorite, the non-celebrity seeking funding for his or her indie film.

TYPE A: \"Please support my indie film with a regular (but compelling) plot and characters. We seek $5,000 in 45 days.\"

TOTAL COLLECTED: $27.00 ($25 of which came from the director\'s mom and dad)

TYPE B: \"Hey, support our quirky, pseudo-pretentious hipster-ass indie film that shares the same template as every other QPPHA indie film of the last half-decade! We seek $20,000 in 10 days!\"

TOTAL COLLECTED: $40,000 in 8 days...5 if the poster features a unicorn shitting glitter and \"handwritten\" logo.

/Oh...and a bus.

WarioBarker · « **Reply #10 on:** May 10, 2013, 02:09:56 PM »

Now, see, the Type A filmmaker should do the Type B announcement but make the Type A film anyway. If he\'s told \"Hey, this isn\'t the film I donated into your Kickstarter fund for!\", he can point out that if he had been honest about what kind of movie he was going to do, would the other person have even donated?

BrandonFG · « **Reply #11 on:** May 10, 2013, 02:21:08 PM »

Pretty sure it doesn\'t work that way, and to be quite honest, that\'s pretty shitty ethics. With Kickstarter, it helps to promise incentives to your donors, depending on how much they give. For example, $10 gets you a copy of the screenplay, $25 is a signed poster.

I give $25 expecting the advertised poster (Type A) and instead get a pic of a unicorn on a VW bus with glitter coming out its rear end, I\'m going to be pretty pissed. Or vice versa. To me, it\'s as bad as selling a $500 iPad on eBay, then shipping an iPad out.

TLEberle · « **Reply #12 on:** May 10, 2013, 02:27:23 PM »

Let it be known that on May 10, 2013 Dan Benfield endorsed committing fraud.

clemon79 · « **Reply #13 on:** May 10, 2013, 02:48:12 PM »

Now, see, the Type A filmmaker should do the Type B announcement but make the Type A film anyway. If he\'s told \"Hey, this isn\'t the film I donated into your Kickstarter fund for!\", he can point out that if he had been honest about what kind of movie he was going to do, would the other person have even donated?

The thing that makes me the most sad about this is that you actually appear to seriously think this is a remotely valid moral choice.

Hey, Dan, if you give me $500, I\'ll give you $5,000 next week. Wait, what\'s that, I only gave you $5? Well, if I was honest about giving you $5 up front, would you have given me the $500 in the first place?

Let it be known that on May 10, 2013 Dan Benfield endorsed committing fraud.

Ah, but that\'s the thing about KS: it\'s not fraud, at least not in a criminal sense. KS makes zero guarantees about the projects presented; they act as nothing more than a money conduit between the creator and the backers, and it\'s entirely possible that someone can (and, I can guarantee you, eventually will) take the cash from a million-dollar project and abscond to Barbados, and there is precisely fark-all the law can do about it. (Civil actions, though, are another story.)

Yes, someone who pulled this stunt had better get everything they want out of it the first time, because word will get out and they will never get a dime from anyone again, but there\'s no reason it can\'t happen. Caveat emptor.

TLEberle · « **Reply #14 on:** May 10, 2013, 03:27:41 PM »

In England there was a show where teams would invest 100k of funny money in whatever companies they wanted, and it went by the title Show Me the Money.