DoorBot – see who is at your door from anywhere at anytime – BRILLIANT!
Originally posted on Gigaom:
While Kickstarter has become the biggest brand in crowdfunding and helped give rise to a number of hardware projects, it wasn’t primarily built with products in mind. Now, a new startup out of Los Angeles called Christie Street, is trying to push a fundraising platform that embraces inventors and hardware products while also applying a high level of scrutiny and review to ensure that backers are protected when they support a new project.
Christie Street, which takes its name from the location of Thomas Edison’s lab, reviews products to ensure that they can actually be built, have the right funding goals and have lined up the right factory to produce the finished product. Projects and their funding goals will only get approved if the product has enough capital to get manufactured. The company also offers a concierge service to provide advice like trademark assistance and launch support to get a project going.
When the project is finally approved and hits its goal, Christie Street doles out the money in three allotments. The first third of the money comes after the product is actually turned from a prototype into a sample. The second comes when the inventor lines up the tooling to get a golden sample built. And then the last third is released when manufacturing actually begins.