& cplSiteName &
Comments
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Page 1 / 2   >   >>
pcharles09
50%
50%
pcharles09,
User Rank: Light Beer
5/21/2014 | 5:16:16 PM
Re: Kick (in the nuts) Starter
Speaking of Oculus, here's another great project on Kickstarter that I believe will definitely get farther (if they learned from Oculus).
Watch the demo video & you'll see how cool it is:

https://www.kickstarter.com/projects/giroptic/the-worlds-first-full-hd-360-camera

 
mhhf1ve
50%
50%
mhhf1ve,
User Rank: Light Sabre
5/9/2014 | 2:54:21 PM
Re: Kick (in the nuts) Starter
More hood winking is almost a certainty. Non-savvy investors are going to lose a lot of money chasing crazy projects that aren't even startups, but just a couple people with a intense hobby.
brookseven
100%
0%
brookseven,
User Rank: Light Sabre
5/9/2014 | 12:39:42 PM
Re: Kick (in the nuts) Starter
In case folks are unaware, there are changes to the rules for investing that have been in progress for more than a year.

Starting last fall, it is now legal to advertise investment opportunities.

Starting this summer, the Net Worth to be an accredited investor is being lowered substantially from $1M to $75K.  I suspect there will be a LOT of backlash about 2 years from now when more hoodwinking occurs.

seven
mhhf1ve
50%
50%
mhhf1ve,
User Rank: Light Sabre
5/9/2014 | 11:48:01 AM
Re: Kick (in the nuts) Starter
Kickstarter makes it clear that supporters are never buying an interest in the company behind a project -- only the product or service that will be created. There are, in fact, other marketplaces like Kickstarter that DO offer shares of investment in startups that haven't launched. But those Kickstarter clones are problematic because the supporters can be unsophisticated investors. And the backlash of resentment is still possible -- and may even be more likely -- when supporters are actually financially invested in an uncertain venture.
mendyk
50%
50%
mendyk,
User Rank: Light Sabre
4/30/2014 | 6:58:48 PM
Re: Kick (in the nuts) Starter
The venom from Oculus supporters is being aimed directly at Oculus and not at the gubmint. And rightly so. What makes this even worse is that the acquirer (Facebook) is roundly despised by many of the people who seeded Oculus through Kickstarter. Again, a stark lesson in greed and avarice for those who kicked in some cash to make Palmer Luckey and his team very very rich.
theschnack
50%
50%
theschnack,
User Rank: Moderator
4/30/2014 | 6:46:39 PM
Re: Kick (in the nuts) Starter
Folks, sorry to sound like an anarchist, but try blaming the SEC.

Kickstart contributors should know what they were getting into. Companies are prohibited from soliciting investments over sites like Kickstarter, and are prohibited from offering equity or profits to the "contributors" they do attract.  Were Oculus to formally attract seed money, they would have chosen a separate means, one that would have imposed far higher costs and oversight.  Our lords at the SEC have set a bar for attracting angel investing, and that bar is higher than Kickstarter clears.

Buyer, or rather Kickstarter, beware.
mendyk
50%
50%
mendyk,
User Rank: Light Sabre
4/30/2014 | 5:51:01 PM
Re: Kick (in the nuts) Starter
There's a difference between creating a profitable business and selling a bootstrap-developed concept for several tons of money. As the people who seeded Oculus through Kickstarter are pointing out, if their investment had been treated as a conventional Series A funding round, they would have received a return of $66 for every dollar invested. Instead, what they ended up with was a useless prototype, and a lesson in greed and avarice.
pcharles09
50%
50%
pcharles09,
User Rank: Light Beer
4/30/2014 | 5:40:53 PM
Re: Kick (in the nuts) Starter
Well I guess it's all about what was mentioned as the GOAL in the Kickstarter campaign. If the objective was stated to create a business, then profit is the end game. If it's not explicitly mentioned (as far as the GOAL), then it's a little bit of a gray area conversaion. But if donors are misled, that's a whole different story.
mendyk
50%
50%
mendyk,
User Rank: Light Sabre
4/29/2014 | 9:14:13 AM
Re: Kick (in the nuts) Starter
The few people I know who have given money through Kickstarter aren't interested in creating more millionaires -- they do it because they want to encourage innovation. This is a stark reminder that not everyone is altruistic or honest about their intentions.
pcharles09
50%
50%
pcharles09,
User Rank: Light Beer
4/28/2014 | 9:55:46 PM
Re: Kick (in the nuts) Starter
Was there any other real outcome than a buyout in your mind's eye?
Page 1 / 2   >   >>


From The Founder
Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Huawei Video Resource Center
You Mobile Enhances Customer Experience With Huawei BSS

2|28|17   |     |   (0) comments


James Weng, CEO of You Mobile, shares the experience of enhancing customer experience in Spain and trying to establish the best Chinese community based on Huawei BSS.
LRTV Interviews
Ericsson's CEO on 5G, Trucks & More

2|28|17   |   04:57   |   (0) comments


At MWC 2017 Ericsson CEO Börje Ekholm talks about early 5G developments, the importance of partnerships and more.
LRTV Custom TV
Introducing OrbTV: Netscout's MWC Day 1 Recap

2|27|17   |   8:35   |   (0) comments


The executive team of Netscout reviews the first day of Mobile World Congress in Barcelona. Stay tuned for OrbTV -- Light Reading and Netscout's full coverage of the show. We'll have daily show recaps, service provider interviews and tours of the show floor.
LRTV Custom TV
Innovation at MWC: Low-Power IoT for Scottish Sea Lions

2|27|17   |   6:32   |   (0) comments


Light Reading's Liz Coyne tours the GSMA's Innovation City at Mobile World Congress 2017. A key theme of this year's event is how low-power or no-power IoT devices could become a part of our everyday lives. Imagine a world in which over 15 billion shipping pallets communicate with cellular networks down the entire supply chain. Or a parka that reveals your ...
LRTV Huawei Video Resource Center
Huawei Will Accelerate the Spread of the Video Business

2|27|17   |     |   (0) comments


What is the future of the booming video business? What changes will happen to the video industry chain in the future? Hunter Hu, VP of Huawei Video Product Line, shares his viewpoints and explains how Huawei can be an enabler and accelerate the spread of the video business.
LRTV Huawei Video Resource Center
Frost & Sullivan's Jonas Zelba on Going Beyond Connectivity

2|27|17   |     |   (0) comments


Telecom operators across the globe are trying to understand what can they offer beyond connectivity. Operators are already introducing new and innovative services but they are faced with challenges due to unclear business models. Jonas highlights that no one operator can offer all the services itself. Operators in the Middle East should look within their ecosystem ...
LRTV Huawei Video Resource Center
IDC's Paul Black on Cloudification

2|27|17   |     |   (0) comments


Paul Black from IDC shares his insights on how cloudification is expected to combile all aspects of digital transformation.
LRTV Huawei Video Resource Center
Industry Expert Michael Howard Talks About Cloud Native

2|27|17   |     |   (0) comments


Cloud Native is a really nice term and a lot of people are using it. But most of them have their own definition of what Cloud Native means. Michael Howard offers his take on the terminology.
LRTV Custom TV
4.5G Evolution: Peter Zhou on Advanced MIMO Technologies & 5G Business Prep

2|25|17   |     |   (0) comments


In the process of service transformation, operators need to catch three major opportunities and start deploying in 4.5G networks, such as video, household broadband access and digital transformation of vertical industries. 5G is coming. Operators don't need to wait for it to happen but should progressively deploy 4.5G networks by introducing 5G-oriented ...
LRTV Custom TV
What WTTX Can Deliver

2|23|17   |     |   (0) comments


Mohamed Madkour explains the benefits of WTTX while Dimitris Mavrakis discusses the challenges of delivering home broadband access.
LRTV Custom TV
Huawei on Mobile Broadband

2|23|17   |     |   (0) comments


Mohamed Madkour shares his vision on MBB for the next three years.
LRTV Custom TV
Analysys Mason Talks About the Future of Digital Operations

2|23|17   |     |   (0) comments


The future of digital operations has three key aspects: 1. Highly automated operations for both service and network; 2. Highly converged BSS/OSS for business and resources; 3. Highly merged management and control for real-time cloud native operations.
Upcoming Live Events
March 21-22, 2017, The Curtis Hotel, Denver, CO
March 22, 2017, The Curtis Hotel, Denver, CO
March 22, 2017, The Curtis Hotel, Denver, CO
May 15-17, 2017, Austin Convention Center, Austin, TX
May 15, 2017, Austin Convention Center - Austin, TX
June 6, 2017, The Joule Hotel, Dallas, TX
All Upcoming Live Events
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
Uber's HR Nightmare: Company Investigates Sexual Harassment Claims
Sarah Thomas, Director, Women in Comms, 2/21/2017
Broadband Has a Problem on the Pole
Mari Silbey, Senior Editor, Cable/Video, 2/21/2017
Verizon to Start Fixed 5G Customer Trials in April
Dan Jones, Mobile Editor, 2/22/2017
Cloud Rains on HPE Earnings
Mitch Wagner, Editor, Enterprise Cloud, 2/24/2017
Verizon Fixed 5G Tests to Top 3Gbit/s?
Dan Jones, Mobile Editor, 2/23/2017
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
Animals with Phones
Gotta Get the Best Angle Click Here
To maximize the rolls...
Live Digital Audio

Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.