He’s running about a dozen eCommerce sites. One new one is xCameras where he offers the GoPro and Contour video cameras and all the accessories. He’s opened AudioGeeks; a new site with matching bricks and mortar shop that sells high-end headphones. Makes me wonder what he’ll be selling next. Of course, this all started with a garage-based business selling bicycle tires; check out BikeTiresDirect.
As early-stage investors we’re often perturbed over the potential disruptions Crowdfunding may bring, but there are other aspects that offer great benefits to startups:
There’s information that you learn by Crowdfunding a project that isn’t complete yet that will help make it a better product.
Lou shares stories and thoughtful insights as he describes his vision for a renaissance in consumer product development.
I’m already pledged to one of the Crowd Supply projects; check out the LIT Ultra-reflective Bike Tire.
Disclaimer: I’m an angel investor in Crowd Supply.