We try not to look eager when we demo the product. We need the raw feedback, not a reflection of our enthusiasm. Lately, we’ve been updating the chair based on feedback from dozens of global experts. Thanks for the ideas!
“Stop designing and build it,” is what customers and design advisors are saying now. Splendidly, you, Wefunder Crowd, are bringing the funding we need for mass production at just the right time. Last night I spoke with the factory CEO and we are on track for production in May.
We circled back with all of our major customers to firm up their letters of intent and everything is looking great. We’ve actually picked up a couple new customers, a couple of big ones that may add up to 1000 units per year.
To help big customers build confidence and buy sooner, we are adding more free samples and several demo trips in 2020. This increases our budget; but, from experience, we know it will pay off.
Can you help us reach new goal of $250,000 before the campaign ends on Jan 24?
Calling all $100 and $250 investors: Could you double or 10x your investment? The outlook is better and better. We want to be building and selling, not fundraising :)
New Name for Product1 Investors Only! Starting on January 15 you can vote on the new name for Product1. Stay tuned for instructions.
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Legal May 16th 2016
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Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
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