So today we launched a crowdsourcing campaign to raise money to finish a mobile app we've been working (called Domino Street) on for about a year and change. It's to help local mom & pop businesses advertise themselves while creating a great way for people to stay connected to their neighborhoods and buy local. Some of you have helped do some of the research (answered a survey) and given thoughts on buying local. Thanks for that it was useful. Here's the link to the campaign...if it resonates with you, feel free to share. Thanks again. http://igg.me/p/206703?a=1074312
More power to you and your idea/app, but I don't get some of this crowd sourcing phenomenon. You can't get someone to invest the $30k you need at terms you want. Instead, you go to a crowd sourcing website to try and get a bunch of people to effectively buy a barely related product at crazy high margins that you can then use as funding. By which I mean, you're selling a letter for $10, or sunglasses for $50, or a 2 night hotel stay plus hosts and entertainment for $10k. And by high margins meaning only 10% of what you raise will go towards those rewards. Again, more power to you. Crowd sourcing clearly works at times, but not my cup of tea.
What did you get when you made a contribution to clutch fans? At the end of the day, if you believe in it, you contribute. If not, you don't. The perks are just tokens of appreciation nothing more.
I get a clutch bbs that is much closer to a not for profit than an Espn comments, bleacher report, realgm, etc. What you're asking for is effectively free money to fund your for profit startup business... That I assume you want to make a lot of money doing. Sure I understand your comment. If somebody wants to give you "free" money they're more than capable of doing so.
What is the difference/advantage in using Indiegogo vs Kickstarter? I thought Indiegogo was for charity type drives and Kickstarter was used for actual business plans like what you have posted.
Of course we'd love for something to come of it for us personally, but our main motivation is that we honestly hate seeing the neighborhood we live in starting to get overrun by big corporate chains and imagine there's a way to make something cool that helps the smaller guys. I am not sure if we will be successful but I think we have a good shot, and after 2 years and out of cash - this is where we are. I'd love to give people shares instead of these gifts, and if we were set-up as the right entity and the Job Acts had already passed SEC rules, it would be a different story. But our hands are tied here and that's just what it is. All I can say in the event we do become successful, you can bet I am personally going to come back to all the people who contributed and make it up to them - I am not sure that means much to you or anyone here but that's all I can say. And I would be happy to make a massive contribution to the tip jar if it does indeed take off - if only because I love this site. It's the only forum I belong to. In any case, I do thank you for your feedback and taking the time to think about this. It's a learning process and it's always helpful, if not painless, to hear different perspectives.
I'm not sure. I think we went with Indiegogo because they charge less and kickstarter only uses amazon.
