[AR] Re: Funding for projects
- From: Jonathan Goff <jongoff@xxxxxxxxx>
- To: arocket@xxxxxxxxxxxxx
- Date: Wed, 9 Oct 2013 07:32:23 -0600
Thomas,
Keggers or some sort of dinner or party to raise money all sound like good
ideas. Unfortunately, keggers weren't as much of an option at my college
(BYU), but I'm sure they'd likely work at most other places. :-)
~Jon
On Wed, Oct 9, 2013 at 7:26 AM, Thomas McNeill <thomas.mcneill@xxxxxxxxx>wrote:
> 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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