4 ms·

I really do appreciate your overall point and caution, BUT I wouldn't exactly hold up the Feds or Fortune 500 companies as icons of rapid innovation (yes i too

I really do appreciate your overall point and caution, BUT I wouldn't exactly hold up the Feds or Fortune 500 companies as icons of rapid innovation (yes i too have worked with them and speak from grey hair - much of which was torn out weeding out useful info from reams of Reasearch documents :) The OP, has clearly touched on something, given the activity here, so kudos to him/her! I dont think you should have been downvoted, lest we prevent open and honest discourse. That said I would not laugh at blind ambition, however naieve; I'll bet on that over inaction any day!

Aurum3 14y ago
The initial offer could be finessed/streamlined/de-risked further with the investor offering to pay the 5k to an individual on the conditions that they are (a)customer No1 for the product and (b)a member of a community where they can (prior to receiving cash) or have (proof required) identified a demand for the product/idea among their peers. This lends from the theory of the deep and narrow well / 1000 true fans methodology for customer discovery/early adopter critical mass.