Uh... crowdfunding sounds like the PERFECT model for consumer electronics!
It's a business that requires high startup capital, and where uncertainty comes with much greater costs than software. You're going to be making thousands of units of whatever it is you're making if you want it to be even remotely cost effective.
So, a method of funding where customers vote with their wallets before you face the biggest headache in consumer electronics--turning a design/prototype into something mass produced--sounds like a great fit.
It's a business that requires high startup capital, and where uncertainty comes with much greater costs than software. You're going to be making thousands of units of whatever it is you're making if you want it to be even remotely cost effective.
So, a method of funding where customers vote with their wallets before you face the biggest headache in consumer electronics--turning a design/prototype into something mass produced--sounds like a great fit.