Umergence - Feedback

What is the market offering now?
- Several dozen crowd funding sites focusing on attracting investors for either loans, startup equity
- No offerings for emerging products with extensive community support throughout the product life cycle
- InventHelp model of product development
- Crowd funding for Charity, Non-Profits and rewards based
- Research funding sites, Business sales sites, Equivalent for government
- Company crowd funding campaigns for their research arms
- Freelance sites that aggregate workers
- Manufacturing aggregators (etsy.com and alibaba.com)

What is wrong with the existing offers?
- Mis-Alignment of Goals on competitor sites. Competitors focus on niche markets. Alignment for services ends at full campaign funding and inventors are on their own.
- No follow through with support to see idea to fruition
- Limited due diligence, No vetting process to help the inventor and protect investor, minimal risk analytics
- Constraints on processes, filtering creative processes, minimal community input
- Too much centralized control of processes, lack of community input (quirky.com), controlling of IP
- Lack of skilled labor to see ideamakers through development process
- Lack of "Fit Test" for team creation "briggs myers"
- not enough vetting of product ideas for new ideas
- Skill labor sites list their clients list talents for their clients but do not offer any work on their sites
- Manufacturing Alibaba challenging to get small contracts fulfilled and communication leaves something to be desired. Feedback mechanism is weak.
- Tracking of investments is very limited on all the existing sites.
- Fees are high on most competitors

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