Maybe we'll see a rise of more early stage crowd funding platforms in the future. Perhaps Kickstarter will become the place to take your project when you are seeking a "series A" crowd funding injection to go from prototype to manufacturing, but you get your "seed round" from some other place to go from idea to prototype.
Best regards to all, Uros ( FOUNDER )
A word on the project:
The Boomerang has been so far funded entirely out of 2 main sources:
- the amazing selfless support of friends who are professionals (in fields of design, mechanics, video production, etc.) or other professionals we met along the way that simply believed this could be a big thing some day. Together we invested a total of about 3700 working hours (of 40 individuals) from the start till now. (many of them are in the team shot in the end of the video… some couldn’t make it that day unfortunately ☹ )
- the rest was the founder’s more or less entire life’s savings + extra money from 2 friends and family who blindly belive in the product and the team
We are extremly happy to have come this far , however we are at the point where our belief alone cannot fund this project anymore. We have come to Kickstarter to prove to ourselves and convince others that this product really needs to exist. Of course, if we only reach the $40k goal , the earnings would cover only a fraction of the costs we already put it. But we have come far enough that we know the $40k will certainly cover the costs of fulfilling the rewards, it will boost our belief that we are doing the right thing and hopefully bring new investors in. We saw no reason of setting the goal higher and risking the project never getting funded at all. It would disappoint a lot of backers not to mention ourselves. … But luckily your support has been amazing so far an if we only continue at this pace we will exceed the goal more than two or three-fold
My issues is companies using kickstarter as a test-bed/proving ground(if it is indeed as you stated it).
I guess it depends on what ones view of "kickstater" is and should be. I personally would be very interested to see if this product goes to market if it does not get funded by kickstarter.