Re: stretch goals

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Jarrett Byrnes

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Feb 12, 2014, 11:05:32 PM2/12/14
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A stretch goal is just that - a goal above and beyond your initial goal, where those additional funds will do something extra. Once you hit your initial goal, you get all funds beyond that (this is why I had avocated early on for a 'funding unlocked' strategy) and the stretch goals are for additional work you can achieve. So, it's something to shoot for, and provide a goal as motivation for getting there.

It's not required, but for folk who are getting close to their goal, it's something to think about. Although, the Experiment folk can tell me if I'm wrong about this - not sure you can add stretch goals mid-stream or not (or can you?)

On Feb 12, 2014, at 10:55 PM, David Shiffman wrote:

> What's a stretch goal? I'm at 91% of my $3,000 goal but could use more.
>
> Sincerely,
> David Shiffman
>
> sent from my iPhone
>

Cindy Wu

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Feb 12, 2014, 11:08:55 PM2/12/14
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You can add stretch goals mid stream, but you may want to get in contact with our team. I'm going to be out of town this weekend so Oscar will be your best contact!

Cindy



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David Shiffman

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Feb 12, 2014, 11:12:15 PM2/12/14
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But if my goal is $3,000 and I raise more, I get all of it, even without making an official stretch goal?

Sincerely,
David Shiffman

sent from my iPhone


Cindy Wu

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Feb 12, 2014, 11:16:34 PM2/12/14
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you will get all of it even without making the official stretch goal

David Shiffman

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Feb 12, 2014, 11:18:45 PM2/12/14
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Thanks! 


Sincerely,
David Shiffman 

sent from my iPhone 

Oscar Jasklowski

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Feb 13, 2014, 1:38:38 PM2/13/14
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Hey David, here's a full explanation (and example) of how stretch goals work: https://experiment.com/blog/59-stretch-goals-explained.

We've also had researchers edit their "shot synopsis" text (to the left of the video) to say something like "All funds raised from now on will go towards [new objective]." That helps puts the [new objective] in context when people see it in the Budget section. 

Hope that helps!
Oscar
ᐧ

David Shiffman

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Feb 13, 2014, 1:40:14 PM2/13/14
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Great- thanks! Most of my funders seem to be finding me through twitter or my FB page or blog, so I think they already have some understanding of where the funds are going, but I'll take a look at this!

Sincerely,
David Shiffman 

David Shiffman 
Ph.D. Student, Research Assistant,
Abess Center for Ecosystem Science and Policy
R.J. Dunlap Marine Conservation Program

RJD

e: david.s...@gmail.com | p: 412.915.2309
a: 4600 Rickenbacker Cswy, Miami, Florida, 33149
t: @WhySharksMatter | b: Southern Fried Science Blog

Oscar Jasklowski

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Feb 13, 2014, 1:47:45 PM2/13/14
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No problem, keep up the good work!
ᐧ



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