Deborah Meaden London USA innovations electronic Platform Deborah Meaden London USA

Is this electronics whizz a genius or a conman?

Reading now: 572

hobbyist drones, is suffering from (or causing others to suffer from, according to your perspective) is a growing phenomenon across the world, of young technology entrepreneurs chomping off a great deal more than they can chew – especially when it comes to financing.Crowdfunding is capitalism without the usual capital: the way new, small-scale technology companies often raise money.

Instead of getting an angel investor or borrowing money from the bank, innovative start-ups whose owners don’t want to follow a typical career path, but rather get on with inventing what they hope will be ‘disruptive’ gadgets, partner with the public.

Publicising their product – often little more than a glint in their eye – on major crowdfunding platforms such as US-based Indiegogo and Kickstarter, they attract thousands of small investors and then get on with developing their project.Not that Kerswell’s business, Extreme Fliers, is quite a start-up.

After attempting to raise money on Dragons’ Den while he was still a student (unsuccessfully, although Deborah Meaden said he was ‘very investable’), the computing and business graduate has been designing and selling drones for several years.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News