Submission + - Ask Slashdot: Should I consider a Kickstarter (or other) campaign? (blogspot.com)
DidgetMaster writes: "I have over 25 years experience writing data management solutions — file system drivers (DOS, Windows, OS/2), disk utilities (PartitionMagic, Drive Image), custom file systems and online backup to the cloud. I have invented a revolutionary new data management system that is build from the ground up (block-based management, I/O, and cache). It has a great feature set and it can replace existing file systems and many database solutions. The architecture has distributed properties that will enable it to compete with Hadoop, CouchDB, MongoDB, and other "Big Data" NoSql solutions. A few friends and I are now two years into its development and we have a lot of the features working. It is blazingly fast and is designed to appeal to everyday consumers as well as large enterprises (it scales really well).
My problem: I have run out of seed money (self-funded) and I need to raise capital to get the rest of the features finished in a reasonable time. Most of the finished features are necessary for a consumer product, but the enterprise features need the most work. I am considering starting a Kickstarter (or other crowd-funding) campaign to raise the funds. That can be a good way to get cash without having to give up a huge chunk of equity. On the other hand, if we get a bunch of regular users that need to be supported it may take our focus off the enterprise features (the most fun stuff). If we can find an angel investor, we can work undistracted and get a good enterprise product out in about a year. Anyone wanting to know more can find info and links to video demonstrations at http://didgetmaster.blogspot.com/
What do you think is the best route to raise the funds?"
My problem: I have run out of seed money (self-funded) and I need to raise capital to get the rest of the features finished in a reasonable time. Most of the finished features are necessary for a consumer product, but the enterprise features need the most work. I am considering starting a Kickstarter (or other crowd-funding) campaign to raise the funds. That can be a good way to get cash without having to give up a huge chunk of equity. On the other hand, if we get a bunch of regular users that need to be supported it may take our focus off the enterprise features (the most fun stuff). If we can find an angel investor, we can work undistracted and get a good enterprise product out in about a year. Anyone wanting to know more can find info and links to video demonstrations at http://didgetmaster.blogspot.com/
What do you think is the best route to raise the funds?"
