Ron: We’re not just another KickStarter clone. J.: What differentiates GroupGets from competitors? GroupGets is mostly just a network of friends making things happen.Ĭ. We have a network of US-based contractors that we’ve worked with in our other jobs for over a decade, so we rotate them in when a surge is needed. We are planning a small hiring round soon though. Ron: We are lean and mean and still in the single digits. Now people use it to fund production runs of boards and in other ways we never foreseen.Ĭ.
So, our base use case is to crowdfund access to things with really high minimum order quantities like bleeding-edge ICs. It was frustrating because there were many platforms that would let you crowdfund a new product idea, but not for anything already on the shelf. Since I couldn’t afford a full wafer, which was over $100,000, I wanted to crowdfund it, but couldn’t find an existing platform to let me do it. Ron: I wanted to buy some ASICs that were only sold by the wafer back in 2013. J.: What was the impetus for launching the company? Since our core team consists of product developers and hardware enthusiasts, it was inevitably built in our image and those are the type of users that it attracts.Ĭ. Businesses are free to sell products to group buyers. Anyone is free to initiate group buys for existing products. Ron: GroupGets is a two-sided group buying platform. when it first started gave me the confidence to start and bootstrap GroupGets. Having some involvement with TrackR, Inc. Ron Justin: I’m an EE whose career has ranged from high-end R&D to low-cost consumer devices. Abate (Elektor Business): You are an electrical engineer and inventor. Today, the company is facilitating group buys for electronics engineers, innovators, and manufacturers around the globe.Ĭ. Back in 2013, bothered by impossibly high minimum order quantities for bleeding-edge parts, Ron Justin convinced a friend to help launch GroupGets.
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