[AR] Re: Funding for projects
- From: Bill Claybaugh <wclaybaugh2@xxxxxxxxxx>
- To: "arocket@xxxxxxxxxxxxx" <arocket@xxxxxxxxxxxxx>
- Date: Wed, 9 Oct 2013 07:07:12 -0500
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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