Tuesday, 17 February 2015

CrowdSpeak: to fund or not to fund that is the question?

Should MS research be designed and funded by the crowd? #CrowdSpeak #MSResearch #MSBlog

"Based on the anemic response to our survey yesterday; I suspect crowdfunding will be a non-starter. I suggest moving the comments from the survey to blog may help the debate."





CoI: multiple

6 comments:

  1. Wow, so quick to throw in towel on this. Next time, I won't bother completing your survey. I did not complete the survey for my comments to be moved 'on whim' to the blog. This is not how one makes a decision in my experience of how to crowd fund. As I wrote, I have quite a bit of experience as to crowd funding but unfortunately relapsing at moment. Just writing my comments on your survey took an enormous amount of energy but as I emphasised there are a lot of things to consider, including finding the right platform. Its not possible to say on the information so far given, which would be right one. Much depends on the nature of the project; for example crowdcube is an investment one, many others are more skewed towards arts/culture - if you don't get correct one then the results will not be the best. Also getting the community behind the project is vital and saying after one day you had an anaemic response is not helpful or encouraging in doing this.

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    1. Thank you for responding and I hope you a speedy and full recovery

      I am sure ProfG has not really thrown the towel in quite yet, but I guess he has been underwhelmed by the number of responses maybe he is expecting too much. If you asked me what I would like to get funded I could give you a few self-centred ideas but if I want to think more global takes more thinking.

      Maybe he is after a discussion of ideas maybe that was his intention and it didn't come out quite right as has been evident in the past few days it is not possible to gauge the tone in writing. I can assure you we are seriously thinking about this issue

      I am sure there are other members of theTeamG will be interested to take this route up and some members of the group have very clear ideas of what they want and so will need to be prepared to campaign.

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  2. I think the good professor was expecting too much in one day! There are many ways to generate ideas but you will need to firm up strategy too. The comment I made on the survey concerned this. The biggest thing at this stage is not having huge expectations -once you have a better idea of the restrictions and more idea of what you want to fund then you can galvanise support (at the moment it's all very woolly) - once again I'd stress a small time-limited discrete project is perhaps the best way to start.

    Yes, you need ideas but I mean ideas of what you want funding, cost them out and narrow it down. Getting a talking shop going at this stage on this blog may not be helpful.

    Thank you for your good wishes, I hope to be well enough to come to your open day and happy to talk with you then, if any use.

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    1. Look forward to meeting you.....I'll have a rose in my lapel

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    2. Hope you're well enough to come. It'd be good to meet you and talk about this.

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    3. Haha I will be carrying my iphone , iPad and possibly my macbook pro ;). Not really, I'm alluding to an earlier post and my paranoia as a marketeer about google. They're all tools that I use but don't particularly like or love. They're all useful with the right project and with crowdfunding can be very effective (UK and international projects) but the trick is not to get huge expectations that they're the whole story. A huge amount of planning and strategy needs to go into the execution of projects using them. I've used crowd funding for many projects in last 4 years and they've been successful but I've not got any experience of using for medical research, I do know that some platforms can't be used for this so please check out your options soon, and also look at examples of medical research with crowd funding (I wonder about crowd cube for this, more complicated and may not be right but check it out), see what has been successful and identify the reasons why.

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