{"id":187,"date":"2013-03-30T15:45:01","date_gmt":"2013-03-30T20:45:01","guid":{"rendered":"http:\/\/www.jsylvest.com\/blog\/?p=187"},"modified":"2013-04-26T12:34:45","modified_gmt":"2013-04-26T17:34:45","slug":"crowdfunding-vs-angels-vs-vcs","status":"publish","type":"post","link":"https:\/\/www.jsylvest.com\/blog\/2013\/03\/crowdfunding-vs-angels-vs-vcs\/","title":{"rendered":"Crowdfunding vs angels vs VCs"},"content":{"rendered":"

ESR has some good analysis of how crowdfunding will interact with the existing angel-investor\/VC process.<\/p>\n

Armed & Dangerous :: Eric S Raymond :: What does crowdfunding replace or displace?<\/a><\/p>\n

I think he's on the right track, but I wonder how willing will people be to contribute to crowdfunded projects by established firms? It seems like people are more willing to contribute to the (imagined?) plucky tinkerer in his garage than to an existing small-medium firm who is just looking for lower cost of capital.<\/p>\n

In my view Kickstarter is just busking, especially now that they've moved to discourage people from using it as a platform for prepayment. Are you really going to be willing to keep chipping in money to fund projects from existing companies with a track record of product releases?<\/p>\n

Maybe there are simply too many Scots in my ancestry for me to get so loose with the purse strings, or maybe I've just been living on a grad student's budget for too long, but crowdfunding doesn't have much appeal to me either way. (Unless it's just a pre-order system.) I'm glad it exists, and I'm glad other people are getting utility from it, but it's not for me. Not until I can get some equity out of the deal.<\/p>\n

\n

PS<\/i> Sort of related — The Economist: Babbage :: After the Crowd Leaves<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

ESR has some good analysis of how crowdfunding will interact with the existing angel-investor\/VC process. Armed & Dangerous :: Eric S Raymond :: What does crowdfunding replace or displace? I think he's on the right track, but I wonder how … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[],"class_list":["post-187","post","type-post","status-publish","format-standard","hentry","category-business-2","wpautop"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3sddF-31","jetpack-related-posts":[{"id":403,"url":"https:\/\/www.jsylvest.com\/blog\/2013\/05\/pi\/","url_meta":{"origin":187,"position":0},"title":"Pi","author":"jsylvest","date":"9 May 2013","format":false,"excerpt":"The Economist :: Babbage Blog :: Humble Pi The Raspberry Pi is the brainchild of a couple of computer scientists at Cambridge University. Back in 2006, they lamented the decline in programming skills among applicants for computer-science courses. ... Over the past ten years, computer-science students have gone from arriving\u2026","rel":"","context":"In "CS \/ Science \/ Tech \/ Coding"","block_context":{"text":"CS \/ Science \/ Tech \/ Coding","link":"https:\/\/www.jsylvest.com\/blog\/category\/cs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34,"url":"https:\/\/www.jsylvest.com\/blog\/2013\/02\/computational-cartography-part-1\/","url_meta":{"origin":187,"position":1},"title":"Computational Cartography (Part 1)","author":"jsylvest","date":"17 February 2013","format":false,"excerpt":"In the sixth grade my Social Studies teacher lent me a book which had a whole section devoted to alternative maps of the US. What would it look like with a dozen states? Or 200? What if state lines were drawn according to climate and vegetation patterns, or ancestral ethnicities,\u2026","rel":"","context":"In "CS \/ Science \/ Tech \/ Coding"","block_context":{"text":"CS \/ Science \/ Tech \/ Coding","link":"https:\/\/www.jsylvest.com\/blog\/category\/cs\/"},"img":{"alt_text":"The United States redrawn as Fifty States with Equal Population","src":"https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/02\/map-50-equal-states-1024x789.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/02\/map-50-equal-states-1024x789.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/02\/map-50-equal-states-1024x789.jpg?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/02\/map-50-equal-states-1024x789.jpg?resize=700%2C400 2x"},"classes":[]},{"id":5,"url":"https:\/\/www.jsylvest.com\/blog\/2013\/02\/netflix-marathon\/","url_meta":{"origin":187,"position":2},"title":"Netflix Marathon","author":"jsylvest","date":"14 February 2013","format":false,"excerpt":"Tyler Cowen :: Will marathon viewing become the TV norm? On Friday, Netflix will release a drama expressly designed to be consumed in one sitting: \u201cHouse of Cards,\u201d a political thriller starring Kevin Spacey and Robin Wright. Rather than introducing one episode a week, as distributors have done since the\u2026","rel":"","context":"In "Business \/ Economics"","block_context":{"text":"Business \/ Economics","link":"https:\/\/www.jsylvest.com\/blog\/category\/business-2\/"},"img":{"alt_text":"house_of_cards","src":"https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/02\/house_of_cards-300x168.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1046,"url":"https:\/\/www.jsylvest.com\/blog\/2017\/07\/what-ive-been-reading\/","url_meta":{"origin":187,"position":3},"title":"What I've Been Reading","author":"jsylvest","date":"25 July 2017","format":false,"excerpt":"Banana: The Fate of the Fruit That Changed the World, Dan Koeppel Not bad. I'm a sucker for this type of history of a single commodity or common household object. It did make we want to try to get my hands on one of the few non-Cavendish cultivars of bananas\u2026","rel":"","context":"In "Book List"","block_context":{"text":"Book List","link":"https:\/\/www.jsylvest.com\/blog\/category\/book-list\/"},"img":{"alt_text":"Banana, Dan Koeppel","src":"https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2017\/06\/71K3llKhVL-200x300.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":160,"url":"https:\/\/www.jsylvest.com\/blog\/2013\/03\/reader\/","url_meta":{"origin":187,"position":4},"title":"Reader","author":"jsylvest","date":"14 March 2013","format":false,"excerpt":"Google is shutting down the Google Reader service, as you may have heard. I am not happy about this, but I'm also not throwing fits about it. I spent more time in my Reader tab than any other by a huge margin. I'm sure there's some other service out there\u2026","rel":"","context":"In "Business \/ Economics"","block_context":{"text":"Business \/ Economics","link":"https:\/\/www.jsylvest.com\/blog\/category\/business-2\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":542,"url":"https:\/\/www.jsylvest.com\/blog\/2013\/07\/reading-list-for-16-july-2013\/","url_meta":{"origin":187,"position":5},"title":"Reading List for 16 July 2013","author":"jsylvest","date":"16 July 2013","format":false,"excerpt":"Evan Miller :: Winkel Tripel Warping Trouble or \"How I Found a Bug in the Journal of Surveying Engineering\" All programming blogs need at least one post unofficially titled \u201cIndisputable Proof That I Am Awesome.\u201d These are usually my favorite kind of read, as the protagonist starts out with a\u2026","rel":"","context":"In "Reading Lists"","block_context":{"text":"Reading Lists","link":"https:\/\/www.jsylvest.com\/blog\/category\/reading-lists\/"},"img":{"alt_text":"Irene Global Tweets WInkel Tripel","src":"https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/07\/Irene-Global-Tweets-WInkel-Tripel-1024x604.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/07\/Irene-Global-Tweets-WInkel-Tripel-1024x604.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/07\/Irene-Global-Tweets-WInkel-Tripel-1024x604.png?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.jsylvest.com\/blog\/wp-content\/uploads\/2013\/07\/Irene-Global-Tweets-WInkel-Tripel-1024x604.png?resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/posts\/187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/comments?post=187"}],"version-history":[{"count":7,"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/posts\/187\/revisions"}],"predecessor-version":[{"id":368,"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/posts\/187\/revisions\/368"}],"wp:attachment":[{"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/media?parent=187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/categories?post=187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jsylvest.com\/blog\/wp-json\/wp\/v2\/tags?post=187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}