fromTNW | Insider
1 day agoHow one startup turned backers into believers: MAGFAST broke the crowdfunding mold
MAGFAST survived the pitfalls that kill most hardware crowdfunding projects by choosing radical transparency over spin. Founder Seymour Segnit rebuilt manufacturing from scratch and kept communicating through every setback, and the result is a community where 75% of investors are also customers and top buyers average over $1,500 in lifetime value.
Fundraising