Crowdsourcing capital is a particularly effective approach for ventures with hardware products, as customers effectively prepay when they pledge their dollars, allowing ventures to fund the creation of the products.
We've seen camping chairs that revolve 360 degrees or warm up your behind, but really, the only thing you need it to do is be comfortable and pack up small. The Go Chair is claimed to do both of those things, supporting up to 100 times its own weight before folding down to the size of a water bottle.
GoChair founder Sam Chesluk, like many founders, created the GoChair out of necessity— needing more time out of life. “We really are hyper-aware that the clock’s ticking,” says Chesluk of himself and co-founder John Stump.
If you are searching for an ultracompact chair that can be easily transported in your backpack or bag you may be interested in the aptly named Go Chair which is launched via Indiegogo and already raised over $330,000 thanks to over 2600 backers.