Could also extend it to include a charge for the first month's usage.
Once the requisite number of upboats is met, the funds can be transferred to the idea holder, less a clip of the ticket.
This would also improve confidence that the validation is genuinely representative of user willingness to spend money - if I get 1000 upboats for a new service, but I plan on charging $49 a month for it, I still have no idea if I've validated people willing to pay $49 for it. Pledging that money and then collecting it at goal reached (Kickstarter model) would help alleviate this, and I think make for much more compelling investor discussions.
Comments
Could also extend it to include a charge for the first month's usage.
Once the requisite number of upboats is met, the funds can be transferred to the idea holder, less a clip of the ticket.
This would also improve confidence that the validation is genuinely representative of user willingness to spend money - if I get 1000 upboats for a new service, but I plan on charging $49 a month for it, I still have no idea if I've validated people willing to pay $49 for it. Pledging that money and then collecting it at goal reached (Kickstarter model) would help alleviate this, and I think make for much more compelling investor discussions.