So this project needed to raise about $4,000 but raised $8,000+ instead. This happens VERY often, especially when
1.) the entrepreneur / inventor is a great person and not a dope smoker
2.) the idea is loved by the investors in the room
3.) the project / business is undervalued
I can’t give complete details because I don’t have permission to do so in this post, but the project involved a selling an intuitive graphical programming environment for physical computing devices and educational robots. (I know, it’s a niche product but has a big market).
One of the inventors main goals was to bring this platform to primary schools, kids and beginners which is something brand new, you usually wouldn’t see this kind of thing until you got into college. – Asif Zamir
