Three major interests: not to commit "low-level mistakes"

1. Without a clear stake when Oculus was bought by Facebook at $2 billion, the 9,522 investors on Kickstarter were disappointed because they had not benefited from the deal. After all, they also invested 2.5 million of dollars as Oculus's founding fund. However, Kickstarter does not support the equity certification and grant of cash transactions. In such a muddle, these 9,522 investors are equivalent to only participate in the pre-sale of the product. Providing a disclaimer on the activity page and letting investors know that this activity does not guarantee security can easily solve the problem. 2. Hanfree, a designer without financial budget, Seth Quest, based on his own estimate of the cost of the product, offered to make an ipad bracket with 50 dollars. Creating a product for the first time requires design, production, packaging and distribution. Quest later found that the money he raised in the herd was not enough to cover the full cost of making the product. Most investors are sympathetic to his situation. But as long as one supporter is dissatisfied and proposes to withdraw funds, he will be asked to file a bankruptcy petition. When you have a solid and reliable research and then put forward a financial budget, the opportunity to fulfill your promise will be even greater. Make sure you know all the relevant costs of the entire production and distribution chain, and don't let it get out of the way. 3. No planning blueprint the Soma water filter production company was delighted to raise 100,000 dollars in 10 days, and the planned 30-day fund-raising campaign gave them a target of 150%. But they do not have the time to calculate the good certificate in advance. Their NSF credentials have been delayed, and the previously enthusiastic investors have become very dissatisfied consumers, so you must understand all the rules and compliance issues that might affect the implementation of the plan. Investigate the entire production cycle and fully identify all steps of compliance. It is important to consider the product from the conception stage to the actual production.