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I'm trying to figure out what this kind of funding would be good for. Could you use it to open a restaurant or bar for example?
by tocomment 13y ago
I'm trying to figure out what this kind of funding would be good for. Could you use it to open a restaurant or bar for example?
- thaddeusmt 13y ago$1 million (a year) in funding might not register on TechCrunch, but I would think it's more than enough money to start (or help keep afloat) many different kinds businesses, including tech startups.
- michaelt 13y agoKickstarter's Technology category has only 9 projects that have raised over $1 million [1]. None of them requested more than $250,000 and one requested just $30,000. In fact the only things I can find on Kickstarter that requested and raised more than $1 million are films [2]. There's people working on space telescopes who only requested $1 million [3]. So, I guess this type of funding could be used for the kind of things you see on kickstarter? [1] http://www.kickstarter.com/discover/categories/technology/most-funded?ref=more#p1 http://www.kickstarter.com/discover/categories/technology/mo... [2] http://www.kickstarter.com/projects/559914737/the-veronica-mars-movie-project?ref=most-funded http://www.kickstarter.com/projects/559914737/the-veronica-m... [3] http://www.kickstarter.com/projects/1458134548/arkyd-a-space-telescope-for-everyone-0?ref=most-funded http://www.kickstarter.com/projects/1458134548/arkyd-a-space...
- tocomment 13y agoExcellent point. So is anyone working on a kickstarter that uses this model instead? Would it work like Kickstarter except you'd receive shares of a company? Would there be a lot of overhead?