I hope their VCs are very, very proud. We are really in a race for the bottom.

It seems like KS etc need to limit the upside of a raise. If you're goal is $25,000 and one assumes that number wasn't random, then 2x your goal should be the limit. Period. KS wasn't created to replace Angels or VCs, but rather to fund small projects before they become seed stage companies. I've only invested in a…