top | item 5073115

(no title)

dpryan | 13 years ago

Yes - but it doesn't work for hardware. It leads to projects failing to deliver on their expectations. Failures hurt the Kickstarter brand. They know that. Which is why they're moving away from hardware.

The "kickstart" part is what's missing with the selfstarter approach. We're funded so we didn't have this problem.

Maybe a new model could be a hybrid of incubator and crowdfunding. You apply with an idea. The incubator provides some up-front capital to get you started. They have expertise in hardware mentoring. Logistics, manufacturing, customer support, IP, warranties etc.

The incubator could build a brand and network of supporters, but be purely focused on cultivating innovative consumer product ideas and getting them to market.

discuss

order

DanBC2|13 years ago

Hardware incubator sounds like a really good idea.

Many people are not interested in funding hardware projects at all - hardware just has a lousy reputation.

But having a hardware incubator means you concentrate expertise in all the stuff that's traditionally thought to be hard about hardware. Things like suppliers and distribution and stock control and sub-contracting etc etc.