Saturday, 1 March 2014

Dodd website proposal suffering funding crisis



Would-be Internet entrepreneur Pete Dodd on Saturday announced he has made a catastrophic error in the Kickstarter crowdfunding campaign for his new website. Dodd revealed that his budget for the website was based on an incomplete business model:
Of course, Dodd is referring to the misstep of not including a budget for writers' tattoos in his Kickstarter crowdfunding proposal. The error may cost Dodd in his quest to attract talent. It may mean his mission to produce well-written, insightful features will fall by the wayside versus sites like Polygon, which have tattoos properly covered.

All may not be lost, however. While Dodd is unlikely to raise the surplus funds via Kickstarter crowdfunding there still may be an opportunity to produce a series of videos paid for by an advertiser that may or may not also be a platform holder.

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