crowdfunding

2 statements across 1 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Jan 26, 2022 by Dalton Caldwell · across every show →

Everything said about crowdfunding, oldest first

Jan 26, 2022 neutral
Insight
Caldwell: Hardware startups should only crowdfund after shipping earlier versions
“I think best practices, if anyone here is doing a hardware startup think best practices. Is you don't do it at the earliest stages and you do it later when you have like V two V three and you're ready to manufacture at scale.”
Dalton Caldwell Jan 26, 2022 ▶ 19:19 Simple Products That Became Big Companies – Dalton Caldwell and Michael Seibel · Y Combinator
Jan 26, 2022 negative
Insight
Seibel: Mishandling crowdfunded money is a reputational one-shot kill
“Like there are a few things in the startup world that kind of are like one shot kill. And, you know, this is one of them. You screw up with enough people's money. It never leaves you. Like you get that permanent Wikipedia page.”
Michael Seibel Jan 26, 2022 ▶ 20:47 Simple Products That Became Big Companies – Dalton Caldwell and Michael Seibel · Y Combinator
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