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Angel investing is something that I believe you can completely get rid of with crowdfunding, angels come at the seed stage and crowdfunding literally has the ability to kill it. Related : How This Couple Created the All-In-One Travel Jacket That Is Nearing $ 2 Million on Kickstarter While Hiral Sanghavi is a fan of the benefits of crowdfunding, This Couple’s also learned firsthand that This Travel Jacket’s by no means easy. This Travel Jacket requires some serious hustle. This Couple first campaign, a blockbuster success, was stressful. Hiral Sanghavi learned a few things. Here are This Couple top three tips for crowdfunding success : The first BauBax travel jackets shipped four months late. Part of the reason for the delay was because the BauBax team expected to raise only $ 20,000. They raised $ 9.2 million on Kickstarter and another $ 2.3 million on Indiegogo. That meant that BauBax had to manufacture a whole lot more jackets than it had been expecting to sell.
Found on FOX News 8 years ago
They did n’t know that it is very different from ecommerce, they thought, it’s promising a November delivery, so it would deliver right about that time. They fail to understand that it is a startup, that there are some unforeseen circumstances which could cause delays.
Found on FOX News 8 years ago
We had promised the delivery by Christmas, so we kind of spoiled that Christmas, so we shipped a pocket travel bottle with every jacket, hoping that they would forgive us.
Found on FOX News 8 years ago
It was something we had to do. I wish I could do more. Ideally I would give them a free jacket, but I could n’t afford that, it was a small gesture, I would say, but I am glad we did it.
Found on FOX News 8 years ago
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