IPWatchdog.com | Patents & Patent Law » Kevin Prince http://www.ipwatchdog.com Patents, Software Patents, Patent Applications & Patent Law Tue, 21 May 2013 18:04:03 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Raising Funds: Elements of a Successful Kickstarter Campaign http://www.ipwatchdog.com/2011/12/14/raising-funds-elements-of-a-successful-kickstarter-campaign/id=21296/ http://www.ipwatchdog.com/2011/12/14/raising-funds-elements-of-a-successful-kickstarter-campaign/id=21296/#comments Wed, 14 Dec 2011 19:03:27 +0000 Kevin Prince http://ipwatchdog.com/?p=21296 Related posts:
  1. The Art of the Patent, Raising Money on KickstarterKickstarter is becoming more popular given the press it has received from the New York Times, CNN and NPR, but are they successful at raising money for people? According to Kickstarter just over 10,000 projects have been started and a little less than half have been fully funded and have gone forward. Of particular interest to those seeking funding is that Kickstarter takes no ownership interest in any underlying intellectual property rights associated with the projects, it is free to post a project, and the fees collected if a project is successful are under 10% (i.e., Kickstarter collects a 5%...
  2. Funding Your Invention: Get Started with CrowdfundingCrowdfunding addresses the two biggest challenges many inventors have. “What is the market for my product?” and “How do I get initial funds to produce it?” Conventional sources of funds include yourself, “friends and family”, and angel investors. Crowdfunding adds a new source of funds, the initial consumers. Inventors get committed funds and guaranteed customers. Backers get to be the first to get an exciting new product. If the funds are raised, you know you have a market and you have the resources to produce the product. If the funds aren’t raised, you have valuable market feedback....
  3. A Limited Run: Testing the Market Without Going BrokeLicensing your invention is a lot easier if you can show that it’s selling. That means you have to produce a small quantity of your product. Nice idea – until you learn that a plastic injection mold costs $25,000. Now what? Fortunately, there are options. You just have to know where to look....
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