E277: James Siminoff of Edison Jr./POP – TWiST



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Today on TWiST, James Siminoff of Edison Jr. returned to the program for the first time since 2010 to show off his latest product, the portable charging station POP.

1:00 Welcome everyone, we have an awesome entrepreneur with us today, James Siminoff.
2:30 Thank you so much to GoToMeeting for supporting the show! Everyone use the promo code ‘START’ for a free 30 day trial of the service.
4:15 What’s the status of your other ventures?
5:30 Did you ever try to sell Unsubscribe to enterprise?
6:45 What’s so unique about the Kickstarter experience?
7:45 Would Edison Jr. exist if there was no Kickstarter?
8:30 What is POP?
9:00 What does this retail for?
10:00 How long did it take to reach your Kickstarter goal?
11:00 And you could see POP being used anywhere?
13:15 Is cutting out the middleman a big part of the Kickstarter revolution?
14:30 Do you envision having a model later with a smaller footprint?
15:30 Will you lose money at the current price point?
17:00 What does it take to make a Kickstarter campaign successful?
18:45 When we come back from the break, I want you to talk about the other products you have in the pipeline.
19:30 Thank you to our sponsor Squarespace, whose newest version Squarespace6 just debuted. Everyone check them out and use the promo code TWiST7 to save an extra 10%.
23:00 Tell me more about your gardening project.
25:30 Does making crowdfunding legal for equity change your thinking about using that model?
27:00 What do you think about Kickstarter not showing projects that haven’t met their funding goals?
29:15 How does Kickstarter manage the project after launch?
30:15 Explain what factoring is for the audience.
32:15 Do you think a day is coming when Kickstarter projects will attempt to raise $100M? What does that mean for entrepreneurship?
33:15 Jamie: “The next Apple will get its start of Kickstarter.”
34:15 Tell me if this is possible: No one has made a good Blackberry replacement. Do you think it would be possible for me to make one that’s Android-based?
35:30 What do I need to do to make the physical product?
37:30 How much do you think the prototype of that phone would cost to make?
42:15 I wish you continued success and I really can’t wait to see how this goes.
43:00 Thank you to Squarespace and to GoToMeeting for making awesome products. Everyone thank them on Twitter and we’ll see you next time!

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Jason: @jason
James: @jamiesiminoff
GoToMeeting: @gotomeeting
Squarespace: @squarespace


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Special thanks to the members of the TWiST Backchannel Program!

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