theodp writes "A few weeks ago, the NY Times examined whether it was ethical for actor Zach Braff to use Kickstarter to ask the public to finance his movie. But that's nothing compared to the chutzpah of billionaire-backed Planetary Ventures, which GeekWire notes is making a plea for $2M in Kickstarter funds for an ARKYD 'public' space telescope (Kickstarter pitch). 'Alien planets are out there and Planetary Resources needs your help to find them,' the company explained as it announced its crowdfunding goal. Hey, you didn't expect Planetary Ventures investors like Larry Page (net worth $23 B), Eric Schmidt ($8.2 B), Ross Perot Jr. ($1.4 B), K. Ram Shriram ($1.65 B), and Charles Simonyi ($1 B) to foot the bill, did you? Isn't it enough that they've agreed to allow $10,000+ Kickstarter donors to mingle with them at two future events? So, is this another example of what Dylan Gadino calls Kickstarter abuse?"