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I like the concept but please correct me if I'm mistaken that this is essentially a Kickstarter approach of validating a product concept but backers are putting

by orky56 6y ago

I like the concept but please correct me if I'm mistaken that this is essentially a Kickstarter approach of validating a product concept but backers are putting in more skin in the game than the one who came up with the idea? I think it's important to validate an idea and people's willingness to pay but that is based on trust/brand/distribution/credibility as well. Instead of a pay option, it might be more interesting to harvest emails for early access or updates.

harrisonjackson 6y ago
Ha just posted a very similar comment. There is a reason kickstarter has created a whole industry of videographers and kickstarter designers.
repartix 6y ago
Yeah, pretty much. It's a way to see which ideas are good, not which founders would be best to build them. Ideas probably pick founders more than founders pick ideas. People have inclinations that make them best suited for only the ideas they'd be great at. Imagine 10 earnest, formidable, unknown founders in one end and 10 bad-looking, good, unknown ideas on the other end. It'd be great if they could find each other. Paying is a stronger signal than entering an email. Harvesting emails might work but it'd need some proof-of-work mechanism to vet people really are interested. What Kickstarter doesn't provide is a way for backers to show things they want built that no-one stepped up to build yet. That's a bigger set. It's all of the ideas that are left!
- orky56 6y ago
  There's a great opportunity to use this site as a jumping off point for distribution. Harvest emails/like on social/transact for one-time/repeat/subscription/recommend to friends/etc, all of which is available via various existing vendor APIs.
  - repartix 6y ago
    Backers who paid can now submit their email to get updates.
PhillyG 6y ago
Backers on Kickstarter could also be chipping in more money than the person with the idea. Ks do have an optional spreadsheet that campaigns can fill in to check if money will cover their costs, with the incentive that it can potentially help their campaign get shown more prominently, and potential backers get shown a pie chart that is supposedly helpful. People on ks don't seem to give the amount of time or thought into decisions as you'd expect of an angel or VC investor though, so I'm not sure how worth it that extra aggro really is

by orky56 6y ago

harrisonjackson 6y ago

Ha just posted a very similar comment. There is a reason kickstarter has created a whole industry of videographers and kickstarter designers.

repartix 6y ago

Yeah, pretty much. It's a way to see which ideas are good, not which founders would be best to build them. Ideas probably pick founders more than founders pick ideas. People have inclinations that make them best suited for only the ideas they'd be great at. Imagine 10 earnest, formidable, unknown founders in one end and 10 bad-looking, good, unknown ideas on the other end. It'd be great if they could find each other. Paying is a stronger signal than entering an email. Harvesting emails might work but it'd need some proof-of-work mechanism to vet people really are interested. What Kickstarter doesn't provide is a way for backers to show things they want built that no-one stepped up to build yet. That's a bigger set. It's all of the ideas that are left!

orky56 6y ago
There's a great opportunity to use this site as a jumping off point for distribution. Harvest emails/like on social/transact for one-time/repeat/subscription/recommend to friends/etc, all of which is available via various existing vendor APIs.
- repartix 6y ago
  Backers who paid can now submit their email to get updates.

PhillyG 6y ago

Backers on Kickstarter could also be chipping in more money than the person with the idea. Ks do have an optional spreadsheet that campaigns can fill in to check if money will cover their costs, with the incentive that it can potentially help their campaign get shown more prominently, and potential backers get shown a pie chart that is supposedly helpful. People on ks don't seem to give the amount of time or thought into decisions as you'd expect of an angel or VC investor though, so I'm not sure how worth it that extra aggro really is