I understand that Crowdfunding is the"new hot seed" but I believe this is more on the Scam side since the investor/customer is not purchasing a product like in Kickstarter and is not sophisticated enough to ask the right questions before investing.
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Is It Appropriate For Knightscope To Solicit Investors On Facebook? Desperate Or Genius?
JH
John Honovich
Mar 16, 2017Related: Knightscope ~$400,000 2016 Revenue, $4+ Million Loss Seeks $20 Million Investment
Good share. Looks like they are promoting the fund raising on Facebook every day on their page.
On the plus side, it does help increase brand recognition. On the downside, it is distracting in terms of actually developing products and winning sales.
I am skeptical that they can get VC funding on good terms, ergo the turn to raise money off of fools small investors off the Internet.
UM
Undisclosed Manufacturer #1
Mar 18, 2017"On the plus side, it does help increase brand recognition"
Yes but It's a B2B sale and I don't think this will do much with improving sales
"I am skeptical that they can get VC funding on good terms, ergo the turn to raise money off of fools small investors off the Internet" that my point and that's why I think it's closer to a scam. I would be okay if they treated this like a product or sold it as a service on Kickstarter to HOA's or companies for example.
U
Undisclosed #2
Mar 18, 2017I am skeptical that they can get VC funding on good terms, ergo the turn to raise money off of fools small investors off the Internet" that my point and that's why I think it's closer to a scam.
Fool + Scam = Seasoned Investor ;)
U
Undisclosed #3
Sep 09, 2017100% scam. A bunch of paid advertising and never any real facts on the progress of the company. Just claims to having a robot sometime in the future that will detect weapons.
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