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Re:Proposition HN: I will pay $8000 for you to build your si... by amorphid on Thursday January 10, 2013 @05:14PM (#5040135)
This may or may not be a good idea, but it is certainly a novel approach. My best guess is that the precedent isn't too big a concern because few would be willing to put up cash for such an attempt and the # of MVPs worth buying is low.
Re:Proposition HN: I will pay $8000 for you to build your si... by Aurum3 on Wednesday January 16, 2013 @03:04PM (#5068737)
The initial offer could be finessed/streamlined/de-risked further with the investor offering to pay the 5k to an individual on the conditions that they are (a)customer No1 for the product and (b)a member of a community where they can (prior to receiving cash) or have (proof required) identified a demand for the product/idea among their peers. This lends from the theory of the deep and narrow well / 1000 true fans methodology for customer discovery/early adopter critical mass.