[sdiy] LUMI keys

Tom Wiltshire tom at electricdruid.net
Wed Jun 19 10:07:25 CEST 2019


> On 19 Jun 2019, at 08:11, 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 want
>> 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.

They’ve raised nearly half a million quid, without having to pay interest or give promises of a share in the company. That seems like a pretty good deal to me, and I can understand a company wanting to do that, even if they have got some cash sitting about.

Tom


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