The organization fails to say what's in it for anyone who would donate. It sounds like it's a purely philanthropic project.
Philanthropy is a noble cause, but if that's their intent, perhaps they should be more clear about their road map.
For example, what happens if they raise the seed financing of $150,000 to get started, but another bidder buys the satellite while they're ramping up? What happens to the money raised?
How will donors be able to track the success of the project in the short term and long term? Will donors have a voice in the decision-making process when it comes time to put the satellite into use?
The t-shirts are cool and all that, but they need to establish some credibility and publish a detailed plan.
Comments
The organization fails to say what's in it for anyone who would donate. It sounds like it's a purely philanthropic project. Philanthropy is a noble cause, but if that's their intent, perhaps they should be more clear about their road map.
For example, what happens if they raise the seed financing of $150,000 to get started, but another bidder buys the satellite while they're ramping up? What happens to the money raised?
How will donors be able to track the success of the project in the short term and long term? Will donors have a voice in the decision-making process when it comes time to put the satellite into use?
The t-shirts are cool and all that, but they need to establish some credibility and publish a detailed plan.