Discussion Forums > Technology
$32 million Crowd Funding for Android/Ubuntu phone
kitamesume:
--- Quote from: Gh0st93 on August 13, 2013, 06:39:17 PM ---
--- Quote from: kitamesume on August 13, 2013, 06:29:56 PM ---so? he still has over $100million to spare, i doubt $32M is too much for him to fund.
he even spent $20M just to ride a spaceship, lol.
--- End quote ---
These people aren't just giving him $700 dollars there buying a product (granted it may not quite to the quantity at the moment they bought one none the less.) Sure he could make the phone I guess but would you risk $32million in hopes of maybe people will buy it and that would make him just break even not to mention any form of profit. It's kind of like "put your money where your mouth is".
--- End quote ---
where are you getting at?
hes serious about making a platform, but needing crowdfunding for funds when he has hundreds of million dollars is like asking someone to treat you a meal when you're rich enough to buy the restaurant itself.
Gh0st93:
--- Quote from: kitamesume on August 13, 2013, 06:46:41 PM ---
--- Quote from: Gh0st93 on August 13, 2013, 06:39:17 PM ---
--- Quote from: kitamesume on August 13, 2013, 06:29:56 PM ---so? he still has over $100million to spare, i doubt $32M is too much for him to fund.
he even spent $20M just to ride a spaceship, lol.
--- End quote ---
These people aren't just giving him $700 dollars there buying a product (granted it may not quite to the quantity at the moment they bought one none the less.) Sure he could make the phone I guess but would you risk $32million in hopes of maybe people will buy it and that would make him just break even not to mention any form of profit. It's kind of like "put your money where your mouth is".
--- End quote ---
where are you getting at?
hes serious about making a platform, but needing crowdfunding for funds when he has hundreds of million dollars is like asking someone to treat you a meal when you're rich enough to buy the restaurant itself.
--- End quote ---
Real people who have money ( excluding celebritys, athletes, etc.) got it by well work but by also not just giving everything away Just because he is wealthy doesn't mean he can just burn $32million because he got a wild hair up his ass (an expression). Well he could but not very many times.
kitamesume:
did you forget that he threw away $20M just to ride a spaceship for 8days?
ever heard of "investment"?
Gh0st93:
--- Quote from: kitamesume on August 13, 2013, 06:52:42 PM ---did you forget that he threw away $20M just to ride a spaceship for 8days?
ever heard of "investment"?
--- End quote ---
What he does in his personal time his for him and him alone, This is a product to be offered (sold) to the masses. He he wanted one he could just pay for one for him.
kitamesume:
lol you're obviously confusing yourself with how a business work.
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