The funny thing about the crowd funding is that no ne has actually purchased a chair (too high of a price tag for the typical crowd funding contributor). If not doing an actual production run of chairs what would the 5K be used for?
I don't really understand what's happening here. She's got orders, she seems to already have a design business and commissions, and there's talent aplenty. Let's go - get the fucking thing made and stack it into Harvey Nicols, Harrods and Fortnums.
Now if she was working her way out of a Scottish fishing village with nothing but a felt needle and a fistful of designs then yeah, let's dig deep. But she's in London, with a decent CV and access to all the support that's available there. I don't think people should be donating to fund a high-end product with customers already teed up and waiting.
I'd write a cheque to her for £5k today as an investment. Or she can go to the bank and get a loan. I'm not at all comfortable with this model of 'donations' to fund a business.
I know Kickstarter have said they aren't selling products any longer, but I felt much better about buying a Pebble way in advance of it shipping, and taking the risk that it may never arrive (a miniscule risk with pebble, I know).
Are these crowdfunding platforms simply turning into marketing vehicles? And does that risk pushing out the very projects that need crowdfunding?
Neat concept; though I would like to know what the price of these chairs is going to be. I see that for a donation of $2200, you get one of the chairs, and that's the lowest price tier you can get one in. Is $2k going to be the starting cost?
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[ 2.8 ms ] story [ 22.6 ms ] threadPersonally, if I used one, I would either just feel sleepy or very uncomfortable and aware of what I was doing
Now if she was working her way out of a Scottish fishing village with nothing but a felt needle and a fistful of designs then yeah, let's dig deep. But she's in London, with a decent CV and access to all the support that's available there. I don't think people should be donating to fund a high-end product with customers already teed up and waiting.
I'd write a cheque to her for £5k today as an investment. Or she can go to the bank and get a loan. I'm not at all comfortable with this model of 'donations' to fund a business.
I know Kickstarter have said they aren't selling products any longer, but I felt much better about buying a Pebble way in advance of it shipping, and taking the risk that it may never arrive (a miniscule risk with pebble, I know).
Are these crowdfunding platforms simply turning into marketing vehicles? And does that risk pushing out the very projects that need crowdfunding?