Mocked Crowdfunding Campaign Still Raises Money

This proves that even if the world mocks your crowdfunding campaign, you may still raise money.

The Pause Pod  is “the world’s first private pop up space suitable for all your relaxation needs.”

But if you look at the picture, it’s really just a tent.

And the Twitter-sphere went hilarious crazy: “Water bottles are now Thirst Companions.” “Cereal Bars are Carb Legos.””Tissues are Nose Friends.” Send me money!

Notwithstanding the roasting, it did raise over $140,000, selling 2,000 Pause Pods, er, tents.

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in accredited investor, balance, checkbook, Congress, Crowd Fund Act, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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