[AR] Re: Funding for projects
- From: Thomas McNeill <thomas.mcneill@xxxxxxxxx>
- To: arocket@xxxxxxxxxxxxx
- Date: Wed, 9 Oct 2013 09:26:14 -0400
I am sure plenty of projects have been funded by keggers. I have
participated in a few in order to raise funds for clubs.
Thomas
On Wed, Oct 9, 2013 at 8:07 AM, Bill Claybaugh <wclaybaugh2@xxxxxxxxxx>wrote:
> Patience.
>
> When funds are available, I buy the next most needed part...then I am
> patient. Not much different than NASA, defacto.
>
> That said, I must agree with others that $10k is not much money for a
> rocket project done by a group: if there are five of you, it's $2k each;
> some will have it, some will have to raise it. Elon used to throw keggers
> for profit when he was at Penn....
>
> Bill
>
>
> Sent from my iPhone
>
> On Oct 8, 2013, at 21:38, Aidan Sojourner <aidan@xxxxxxxxxxxx> wrote:
>
> > How do you guys get funding for your projects? My team has a wonderful
> design that will probably never see the light of day due to lack of funds.
> We are expecting upwards of $7.5k for the project, something that none of
> us can manage.
> >
> > We have thought about kickstarter, but I personally don't see the
> appeal. Why would someone donate $100 for ANOTHER PERSON to go do
> something? It's a donation, sure, but what does the donator get out of it?
> For Video Games/Movies/other content, the donate gets the content. This is
> why Kickstarter is successful in this category. What exactly does the
> donator get in our case, save for a magnificent view of earth from onboard
> our project? I would never pay $10, let alone $100 for that, and I don't
> know anyone else who would.
> >
> > Another option is a capital investment from a single source. How would
> you convince someone to give you $7.5k to send a sounding rocket to 200,000
> feet? The same with kickstarter, what exactly would they get out of it?
> CSXT got a lot of funding from the GoFast energy drink company. How did Ky
> manage to swing this? Was it simply because it was a large, historic event?
> The recent "Aeropac 100k" project in 2012 got funding from Google, I
> believe since Google wanted to do a commerical based on the project. In
> both of these examples, the donator got their name heard. (google has not
> yet, although I hear they are going to release the commerical sometime this
> fall) Everyone in the rocketry community heard of the "GoFast Rocket", and
> the google commercial will likely bring more revenue in sales than they
> spent.
> >
> > </wall of text>
> > Maybe I seem negative. What have you guys tried/thought about? I am open
> to any suggestions, and I would love to get this project started.
> >
>
>
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