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Comment by jmole

What is the difference between crowdfunding and preorders? I think it would be a mistake not to crowdfund or use preorders unless you have significant venture backing and a sticky, viral consumer product where you can somewhat accurately forecast demand, or you anticipate selling out at high margins.

Don't waste your money building a product that potentially no one wants. Your crowdfunders are often the best feedback loops you'll get as a hardware startup.

parent jmole 4 years ago

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