[sdiy] LUMI keys

Dave dlmanley at sonic.net
Wed Jun 19 17:36:24 CEST 2019

On June 19, 2019 12:11:59 AM PDT, paula at synth.net wrote:
>>>> Have to admit, I'm a bit gobsmacked that Roli have put this on
>>>> kickstarter, I mean, they're a big well financed company.
>>> True, but all that financing is venture capital... isn't that just
>>> kickstarter for rich people?
>> Not really.   My experience from various startup companies since 1987
>> is VCs typically don't have any interest in the product they just
>> to use money to make more money.
>I have to agree with Dave, ROli will have a substantial amount of money
>and the use of kickstarter is odd.
>Kickstarter is normally for small companies to help get them off the 
>ground, so this move seems bizarre to me.

Perhaps they presented the concept and were told no by the VCs, but decided to go forward anyway and this is their funding option. Perhaps it's a pet project that won't adversely affect their VC committed projects.   Usually the VCs can control board of directors decisions regarding company direction but i know nothing about this company. 

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