Discussion Forums > Technology
$32 million Crowd Funding for Android/Ubuntu phone
kitamesume:
--- Quote from: Saras on August 07, 2013, 10:06:11 PM ---
--- Quote from: kitamesume on August 07, 2013, 06:02:11 AM ---5) too much vague specifications and answers.
--- End quote ---
Oh please, you can't hold that against them. It's not specific, because they don't know what they'll get. If they put down todays hardware, it'd be painfully out of date by the time the system is out. None of the engineers for products like this know the specific details. They know the price and what the system could handle tdp/size...etc wise. They've no idea as to what it is that they're going to get in the end.
--- End quote ---
thats why they're failing though, vagueness won't attract customers, i mean when someone ask you to put a down-payment of $800 for something they said "it'll be the best there is" i doubt you would though?
in comparison, if they did their math before they pulled this off, even if they're going after the best there is they wouldn't be needing an average of $775 ($600~$830 to be precise).
by math i mean running stats on how fast can prices drop and how far can technology progress, if they did they'd know they only needed $600~$700 and thats even pushing it high.
zherok:
I just wonder if there's currently a market for crowd funding devices that go for a minimum of $725 dollars. We can speculate about vagueness and the like, but they still started with a campaign that needed a minimum of 40,000 backers paying at $800. That's a lot of people for even really successful campaigns, none of which even approach the cost of the Edge.
Gh0st93:
Indie no-go: only one in ten projects gets fully funded on Kickstarter's biggest rival
An interesting little read.
zherok:
Welp, given they've got all of one pledge at the bulk 100 unit tier, seems like that benefit didn't pan out much.
Gh0st93:
--- Quote from: zherok on August 08, 2013, 07:47:47 AM ---Welp, given they've got all of one pledge at the bulk 100 unit tier, seems like that benefit didn't pan out much.
--- End quote ---
I wouldn't say that exactly even 1 pledge is $80,000. But as far as if it was in hopes of massive numbers of pledges well then yeah.
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