Re: [newtech-1] Crowdsourcing 's effect on seed funding....
| From: | user 1. |
| Sent on: | Friday, August 3, 2012, 6:00 PM |
Indiegogo and Kickstarter aren't providing investment in terms that VCs would worry about - there's no equity involved. From what I've heard, VCs like crowdsourcing in that it's basically pre-selling product, showing demand. Though if you can raise enough via crowdsourcing that you don't need a VC as much, the VCs might not like that. :-)
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On Fri, Aug 3, 2012 at 5:50 PM, Steven Blinn <[address removed]> wrote:
Hey all, have a quick question.
A client is considering using Indiegogo to crowd source a project they're working on with the funds targeted toward finishing their platform.
Question I have is, if they were to meet their fundraising goal how would Angels or VC look at these funds should my client go back out and look for a series A round from VCs.
Or is this something they shouldn't worry about.
TIA,
Steven
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