Discussion Forums > Technology
$32 million Crowd Funding for Android/Ubuntu phone
zherok:
Well, I doubt the market is there to crowd fund something so expensive in the first place, but I think Kickstarter's greater popularity would have made up the $80,000 difference. Bloomberg also backed the campaign fairly late, so could be backing it purely for the publicity; it's still gonna fail either way.
sawakosadako:
--- Quote from: kitamesume on August 07, 2013, 01:09:52 PM ---either, and well 3d non-realtime rendering depends on how big of a project are you trying to render, regardless of the case its time-bound.
the slowest processor can render it at a snail's phase, i'd imagine it taking a day or more to finish. for a laptop with capable specs, it'd take around a few hours.
--- End quote ---
That's why the big guys always use pixar's renderman. it's effective enough to use multiple old processors with a low RAM on their farm.
--- Quote from: Freedom Kira on August 07, 2013, 10:26:34 PM ---
--- Quote ---Bloomberg bets big on the Ubuntu Edge
The record-breaking Ubuntu Edge crowdfunding campaign has its first major corporate backer, Bloomberg LP.
Bloomberg, the financial information, analytics and news leader, pledged $80,000 towards the campaign in exchange for the Enterprise 100 perk, which includes a batch of 100 Ubuntu Edge devices and access to a range of Canonical workshops and technical support bringing Ubuntu for Android into the workplace.
"Bloomberg supports open innovation and initiatives, such as Ubuntu Edge, that align with our software development and business priorities," said Shawn Edwards, Chief Technology Officer at Bloomberg LP. "With this investment, Bloomberg developers will contribute to an open technology initiative that could benefit our clients and have a powerful impact on the future of mobile computing."
"Bloomberg's developers are already designing and building software for advanced devices because our clients demand a seamless experience from the desktop to the mobile platform," said Justin Erenkrantz, Head of Web Architecture, a division of Bloomberg LP's CTO Office. "Ubuntu's goal to offer a single-device solution for enterprise convergence and mobility is an exciting prospect and one that complements our vision for open development on the mobile platform."
The Ubuntu Edge campaign has already exceeded crowdfunding records -- it raised $2 million in the first eight hours -- and support from such a high-profile company is a boost for us and other backers looking to get their hands on the world’s first truly converged computing device.
The Ubuntu Edge will enter production for delivery in May 2014, if $32 million is raised before 11:59pm PT on August 21. It’s available exclusively via Indiegogo, and won’t be available to buy at retail. http://www.indiegogo.com/projects/ubuntu-edge
--- End quote ---
Awfully optimistic, aren't they? Even with that 80K, they've been stuck at the 8M mark for a couple days.
--- End quote ---
Looks like my guess about day-trader interested in this is correct. Hope this could be a good publicity. I wonder if they mention about this on Bloomberg, I hope they do.
Update:
Looks like the game is on. They dropped the price to $695.
--- Quote ---Ubuntu Edge now $695, thanks to major industry backing
With 14 days to go, it’s time for our biggest announcement yet. From now until the end of the campaign, we’re fixing the price of the Ubuntu Edge at $695! No limited quantities, no more price changes. You wanted a more affordable Edge, and now you’ve got it.
How are we able to do this? Mainly thanks to all of you. The huge support the Ubuntu Edge has been receiving from all corners of the world has really sent a message to the mobile industry -- and that message has been received loud and clear.
Yesterday we announced that Bloomberg LP has snapped up the first of the $80,000 Enterprise bundles, and we expect more businesses to follow suit. To make it even more appealing, we’ve raised the number of phones included in the bundle from 100 to 115.
Even better, since the campaign started breaking records on day one, we’ve been negotiating with several major component suppliers who are keen to see the Edge reach its goal and drive the adoption of new mobile technologies. This is one of the key benefits of keeping some of the core specifications open: as a result of these negotiations, we can now produce the same state-of-the-art device for less than we originally estimated.
Edge for less
So of course we’re passing those savings on to you. There’s now a single unlimited $695 Ubuntu Edge perk, which comes with a year’s subscription to LastPass Premium and a place on the Founders page. At the end of the campaign, anyone who’s already pledged more than $695 for the phone will be offered a refund of the difference.
There will be no further price reductions, and we must reiterate that the Ubuntu Edge is exclusive to Indiegogo. It will not be available to buy anywhere outside of this campaign, even at launch.
The target is still $32 million, so we will need to ship a few more phones at $695 than we would at a higher price, but we believe we can do it. We have two weeks, and we have the best community out there, so let’s get to work: share this news, get the word out, and let’s get the Ubuntu Edge made!
The Ubuntu Edge team
--- End quote ---
Lets see where this rolling.
Xycolian2332:
will the people who funded them at the higher price be refunded the difference?
Gh0st93:
In all honestly I would more then likely buy in if I just had the money laying around, My reasons aren't solely hardware based I really would like to see and Ubuntu phone. But I am hesitant of what could be the new standards by the release date. But this would be like the best iPod (storage capacity think classic)/iPhone(Build Quality and screen)/Ubuntu machine crossover device.
sawakosadako:
--- Quote from: Xycolian2332 on August 08, 2013, 01:24:49 PM ---will the people who funded them at the higher price be refunded the difference?
--- End quote ---
Yeah the difference will be refunded.
--- Quote from: Gh0st93 on August 08, 2013, 01:46:54 PM ---In all honestly I would more then likely buy in if I just had the money laying around, My reasons aren't solely hardware based I really would like to see and Ubuntu phone. But I am hesitant of what could be the new standards by the release date. But this would be like the best iPod (storage capacity think classic)/iPhone(Build Quality and screen)/Ubuntu machine crossover device.
--- End quote ---
I don't get it what you mean about the new standard. If what you mean is whether or not Ubuntu Touch will gain market. I don't think it matters though, it still an Android phone you could always use that.
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