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They had a lot of drama with the production of the 5Q keyboard also as it was crowdfunded. Still don't quite understand why an established keyboard company need
by Denip 8y ago
They had a lot of drama with the production of the 5Q keyboard also as it was crowdfunded. Still don't quite understand why an established keyboard company needed to crowdfund a keyboard...
- michaelt 8y agoThere's really no reason a company wouldn't crowdfund, it's free capital. Investors or a bank loan will demand creditworthiness, interest payments, penalties for late repayment, and if you can't make the promised product or customers don't buy it, they can bankrupt your company. With crowdfunding you have none of those obligations. No credit check, no interest, and you can deliver a late, low quality product, or nothing whatsoever, and the only cost is to your reputation.