Knightgrip LED light grip for lineman's pliers on Kickstarter - photo
Money is for capital for manufacture also
Quote:
Originally Posted by
mklotz
Useful but, as inventions go, unspectacular.
Why on earth do they need $30K? Patent lawyers are expensive but I doubt you can get a patent on attaching a flashlight to pliers.
There are many reasons to ask for certain amount like needed packaging design, finding a competent manufacturer to produce the product, advertising and the list goes on. Many of these kickstarter and other peer to peer ventures have been able to produce the original prototype but need more capital to go into full production; thus asking others to invest and receive the product for the donation or a greatly reduced price depending on the amount pledged.
I wish I had a product that I thought everyone in the world needed one of and I would be starting a Kickstarter pledge drive! Good luck to all who have the drive and passion to get their product to market!