The initial offer could be finessed/streamlined/de-risked further with the investor offering to pay the 5k to an individual on the conditions that they are (a)customer No1 for the product and (b)a member of a community where they can (prior to receiving cash) or have (proof required) identified a demand for the product/idea among their peers. This lends from the theory of the deep and narrow well / 1000 true fans methodology for customer discovery/early adopter critical mass.
reply