Quoted from coz6:What I find interesting is the fact that outside investor approached Jersey Jack early in the process and he refused. I know I watched videos where he said he was offered millions but said No! So a few things could have changed, he really needed money, or they wanted less for the same dollar. Early in the business you pay more to get funding then after you have proved you can produce a wanted product.
Timing is everything. Before we had a real product the company had less value and yes there were people interested. Thank goodness we have people who believed in what we could do and they had the patience....for the most part, LOL.
Today with a real product and piling more back orders on every day we need to step up the pace and that takes more money. When opportunity knocks at your door and it's the right time, you run to answer the door.
Cedar City, UT
