Going To Kickstarter For My Microfinance StartUp

Image via WikipediaSome of my friends have been urging me to go to Kickstarter to raise the first 100K that I need to raise for my microfinance startup, a for profit, high tech proposition. And I am getting excited by the day about the idea. Actually I think I am going to go ahead and do it.

With this 100K I should be able to do enough work to be able to raise a few million dollars from the microfinance fund that Vinod Khosla is working to set up.

I know Kickstarter best for Diaspora. I believe Diaspora also raised 100K - it might have been 200K - when Facebook was mired in a major privacy controversy.

My microfinance startup is way more promising than Diaspora. I am not even in the same league.

Microfinance: Cutting Edge Like Clean Tech, Bio Tech, Nano Tech

Image via WikipediaMicrofinance: A Zero Trillion Dollar Industry
Microfinance, Nanotech, Biotech, Software/Hardware/Connectivity
Vinod Khosla's Green Tech Sweep

I put microfinance in the same league as the sectors touted as the next big things: clean tech, bio tech, nano tech. People in the industry keep referring to the challenges in the last mile. When it is time to dole out the money, it gets complicated.

Web tech is relevant to all these emerging sectors. You are going to need specific kinds of software for specific tasks in nano tech, for example, although many generic web tech stuff will do just fine. The big minds in nano tech will still be on Facebook and Twitter, will they not?