Tony,

Awesome work once again. It looks great and good to see you already have
that much money pledged. I hope you will make your target.

Oh, and I had to laugh about the personal karaoke training, that is awesome.
If I wasn't an ocean away... ;-)

Arne

On Mon, Jul 26, 2010 at 7:11 PM, Tony Bacigalupo
<[email protected]>wrote:

> Hey everyone,
>
> Today, I’m kicking off a grand experiment. Actually, it’s more of a hundred
> grand experiment.
>
> As was touched on in an earlier thread, New York City’s not an easy place
> to open a coworking space. To put together the money we’ll need, we’re
> pulling out all the stops.
>
> That plan is wildly diverse, opening up every practical channel we can
> conceive so long as it doesn’t detract from the integrity of the community
> (my personal integrity, however, is in play, which I’ll discuss in a
> moment).
>
> New Work City’s new space is being financed through the following methods:
>
>    - Its own cash on hand (proceeds from assisting with the design,
>    planning and launch of the Hive at 55 and profit from membership payments
>    over the first 18 months)
>    - A big loan from Darrell Silver, one of our most loyal and successful
>    members (his awesome blog post about it: http://bit.ly/cU3eCe)
>    - Prepayments from existing members
>    - Friendly-term loans from friends & family
>    - Taking dares for money (seriously -- http://mydunktank.com/nwc)
>    - Sponsorship of new programming in the space
>
> Today, we’re adding a big piece to our arsenal -- Kickstarter.
>
> Kickstarter’s NYC-based and has developed a fantastic reputation for
> helping fund some great world-improving projects in a way that helps
> everyone to feel more like participants and less like anonymous donors.
>
> If developing a community and doing good things through coworking builds
> social capital, this is an experiment in converting that social capital to
> financial capital.
>
> I’m really excited to see how it all unfolds.
>
> As always, I’ll be sharing the experience along the way. When it’s all said
> and done, when the space is open and the finances are stabilized and I’ve
> caught up on sleep, I’ll share with you a recap of all my experiences about
> what worked and what didn’t.
>
> Indeed, all of NWC 2.0 is intended to be a prototype that others can learn
> from. Everything we do, including all our successes and failures, should be
> of value to people starting and running similar spaces everywhere.
>
> *If you want to help us in that effort, the Kickstarter page is here:
> http://bit.ly/nwckick*
>
> Help me spread the word-- the more support we get here, the more of a
> statement we can make that what we are doing is something that people want
> and need and believe in.
>
> Thanks to everyone who’s been such a help and inspiration on here. I look
> forward to continuing to contribute to this group as much as possible along
> the way, so we can all collectively make a difference together.
>
> Let me know your thoughts!
>
> Cheers,
> Tony
>
> ----------------------------------------------------------------------------------------
> New Work City - People who can work anywhere work here.
> Web:   http://nwc.co
> Blog:  http://nwc2.tumblr.com
> Twitter: http://twitter.com/nwc
>  <http://twitter.com/nwc>Meetup: http://meetup.com/coworking-nyc
> Address: 394 Broadway, Fifth Floor
> Help NWC build its new home. Support us on Kickstarter!
> http://bit.ly/nwckick
>
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