How we crowdfunded $750k for a giant book about keyboard history
glennf.medium.com
glennf.medium.com
In my jurisdiction this is known as future-income, and essentially in year 1 a simple accounting provision is made (hence reducing profit in year 1) which has the effect of moving the revenue into the year where the order is fulfilled.
This is especially true for subscription revenue where "annual amounts" are almost always falling into 2 financial years.
This is enormously important from a refunds point of view - it's hard to give out refunds if the tax has gobbled 30% of the amount collected.
From the article he's suggesting this practice is not universal? Which somewhat surprises me...
Problem is with kickstarter, they should structure this thing as a loan, that gets written off by delivering or failing.
This artificially boosts share prices, and other things, which can have unfortunate effects downstream.
Take Worldcom. They defered expenses (by capitalising the phone bill to be depreciated in future years) thus boosting reported profits. With, um, unfortunate results.
So yeah, in my jurisdiction its enforced. But I can imagine that in other places its not, or revenue is taxed, or whatever.
In many countries tax office does not care about your bookkeeping result. Tax is calculated using separate rules (and then becomes part of bookkeeping result).
Also if we go to philosophical discussions: you can have great bookkeeping result yet no money, or lots of money now, but unprofitable projects (e.g. construction companies).
There may be ways to defer some of that but you'd probably need to work with an accountant.
It would be extremely novel for tax to be on a 'cash basis', but I'm sure there are places it is true. I think it might be an option on micro entity accounts for instance.
A classic example of this in action is with stock/inventory. Things still in stock at the end of a period don't hit the profit in that period, only things that are sold.
Which makes sense. If they're not making large capital investments that they hope will result in revenue over time, they're largely cash flow businesses.
Many countries calculate tax excluding accruals to stop fraud. When you have the cash now and need to pay tax next year, you could as well "run away with the money". Or even not run with the money, just spend it - and then end up unable to pay tax for two years.
Technically this fraud could be committed at any moment, but when the cash would lie on your account for a year, you could think abiut it more often.
Also conceptually: if accruals are allowed, you can basically shape your tax result to never pay any tax? Make bigger accruals every year.
That's not really how they work. You don't get to just make up a number (at least we dont). You can only defer income that's for work not yet done. For work you did do you get taxed.
But I appreciate all the replies, and it goes to show how tax policies change from place to place. Which is why you don't get advice from the Internet- you get it from local accountants and lawyers.
There is a section on the website that says: "The book is almost sold out. A small remainder of books will be available to order in late 2023 or early 2024"
I was looking for some beautiful books about technology, so I'd love to buy the book, but I can't, and now I have to hope that I won't miss that email.
Or is it just a sales tactic like booking.com's "there is only one room left" banners?
You have to make 10k books at a time and warehouse them, for example. Selling 100 a year wouldn’t cut it.
As an aside, print-on-demand from Amazon and others has been pretty amazing for black and white text, if you quality check it, but it quickly goes sideways for hardback color books.
People have even reported bad printing on simple text, but it's not clear if that's bad files (as the user, you have quite the leeway in what you send them).
If the small run costs the same as doing a 10,000 book run, it may have been easy to print but is likely not economical to sell.
We spent about 100 hours on press with the printers across about eight days, sometimes 12 to 14 hours a day in July with 80°Fs and 90°Fs outside (the printing plant is conditioned somewhat for heat and humidity, and sometimes we had to stop printing for the day as it was just too hot).
It was glorious and exhausting. But we were almost at our physical limits for overseeing the print run and our printers were close to their ability to simply house the raw, printed, and then bound materials. This is an intensely physical object to its scale and the number of pieces.
It might actually be easiest to run such a second printing as a second kickstarter campaign.
A few years ago I helped a friend raise 300k on Kickstarter for a board game project. One thing I did was scrape (gently) pledge and backer data from ~100 or so projects that seemed to cater to the same kind of gamer he wanted to attract. Then I plotted to see which pricing range tended to bring in the most revenue.
It's still a judgement call in the end, because each project is unique, but at least you're not shooting in the dark.
Speaking of research, I'd love to know if anyone's ever done any research into why tabs nowadays almost universally expand to 4 or 8 spaces. Why haven't 5/10 spaces won out? Why not 3/6/9? Why is it powers of 2? It would seem like counting to 8 isn't much more difficult than counting to 10 or to 6. Each of them use less than 4 bits, which is a typical minimal cell of information even in the most primitive computers, if you look at right after the primordial stone age of holding one bit per tube or per magnet.
Early terminals - and the typewriters they were converted out of - did not have tabulation fixed to these amounts. Early code editors did not seem to have such tabstops either. So what gives? Did at some point everyone sit down and decide that tabs were 4 spaces, like in some sort of UN meeting?
I've been trying to get an answer for this for years. Maybe decades. A good answer still eludes me.
https://github.com/immerrr/lua-mode/blob/d074e4134b1beae9ed4...
Although modern mobitors and resolutions are huge, so you could have 200 character lines. But arent they harder to read than shorter lines?
Definitely looking at comparable projects helps you figure out potential final dollars you might raise, average rewards, and distribution of rewards.
And another recommendation if you're interested in worldbuilding is the Encyclopedia Eorzea books from the Final Fantasy XIV game, three of them; they contain the full backstories, timelines, summarised in-game stories, locations, characters, races, etc etc etc. However, it's written "in-universe", not so much from a developer's point of view.
That said, you didn't specify which part of said games you would like to read about, I can imagine more information about the design and build would be interesting too, a look behind the scenes. The video game resources I mentioned get you there partway though.
I took a flyer on this kickstarter and I’m really impressed by the results. It’s a beautiful labor of love. Incredible design and detail.
¹ https://www.usb.org/document-library/hid-usage-tables-15
² https://elixir.bootlin.com/linux/v6.7.3/source/drivers/hid/h...
I found 4 used scanners for cheap (Datalogic Gryphon GD4400).
> Caps lock being activated by something else or being reassigned to another button is the edge case here.
BS. There is more variety to the assignment of the caps lock key then I think you realize even if in isolation some of them are edge cases (input method switching is a big one). https://support.apple.com/en-euro/guide/mac-help/mchl84525d7... Windows has similar including chords in the standard configuration for Japanese on non Japanese keyboards.
I think pointing out edge cases while ignoring that the request is for something that doesn’t exist with no evidence of high demand is an edge case is quite silly.
I was going to say just get a Cherry MX lock and pop it in, but those have been discontinued for what seem to me to be obvious reasons.
Understand that you can configure any modern OS for any arbitrary keyboard layout regardless of what type of keyboard is connected. The keyboard itself has no concept of what is a capital letter and what is a lowercase letter, it’s just buttons. This makes sense, because at the end of the day touch typists don’t really care what is printed on the keycaps. If I want to use Chinese (eg pinyin), Japanese (which is a cluster of layouts), or Dvorak on a US keyboard why should it matter? This can be handled easily in the OS, the keyboard is dumb.
And the concept of uppercase and lowercase as it would apply to a QWERTY layout doesn’t make even make sense for many languages.
When you press the physical caps lock key you’re just sending a number just like the Q key or something. The OS decides what to do with it. I have virtually no use for caps lock personally so it’s a control key. Using it as a dual purpose key for input method switching is not uncommon. More generally another reason for not baking in functionality in the keyboard is provision of accessibility features such as Sticky Keys and Filter Keys.
It saves you from typing a couple characters and then removing them, fixing the caps lock state and re-typing them.
I guess, however, we are going into a future that resonates with a quote from HBO's The Newsroom, that says that books are the new form of art. They will soon be like paintings.
Books I've read multiple times, the great ones, nothing beats a well-made physical edition.
The way light pushes off the pages, that smell...the book changes over time as you read it more. It almost takes on a life of its own with yours. And, if you need to be completely offline or Amazon decides to one day Google-drop your entire online library, that book will still be open to you.
Great work deserves to be supported. Buying a physical copy is my small way to show my support.
I enjoy picture books, which went through a golden age of illustration that ended when 32 bit computer graphics became available. Often I look at scans of picture books, and the experience is disappointing compared to printed paper. It would help if I had a giant A3 size tablet, so that I could see the whole illustration at once at the intended size and hold it like a book, but even if the scan has good resolution there's still the matter of gamma or contrast or color balance. I don't want to adjust these to some theoretical perfection, I want to adjust the actual lighting under which I look at an actual picture. So maybe a gigantic e-ink tablet could be ... as good.
Searchability, it's true, is an advantage. Physical books offer an advantage in discoverability, though, because of the way flicking through the pages works: not only is it very fast, but you can see multiple pages at once while keeping the places with your fingers, utilizing basic monkey hardware to great advantage in ways which swiping hasn't yet replicated.
It sucks there is no inbetween from <send webpage to desktop printers> and <buy a niche book that needed $750k in crowd funding to even exist>.
I'd love to be able to ship myself beautifully printed and bound books on all sorts of free information.
The issue with doing print on demand is that it basically limits you to doing industrial inkjet printing.
“Real” offset printing will produce a sharper, higher quality result, and is more amenable to using nicer paper stock too.
Also, fundamentally printed images just look different than displayed ones.
I prefer physical books for this reason. If I'm paying $10, I'll buy a used copy over a DRM file.