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The lesson here friends is to fail faster. The lack of momentum on the kickstarter should have been a clear red flag.
by orasis 10y ago
The lesson here friends is to fail faster. The lack of momentum on the kickstarter should have been a clear red flag.
- kromem 10y agoNot really. Kickstarter for a software play is a fool's errand in the first place. Kickstarter works best as a marketplace for things that don't yet exist. How does software that is "free" (I'm guessing they planned on taking a fee off of transactions) have a value proposition for people on kickstarter? Their big mistake was not having the payments backend as a secondary stage goal. They should have built the chore tracking sans payment integration (or using a typical payment processor like Stripe/Dwolla/PayPal to process), and got that up and running with real people. If they had a proven model for everything short of the debit card, fundraising would have been much easier than "we promise guys, this is totally going to work."