rothwell.im

by Jonathan Rothwell

[LINK] Ubuntu Edge in 'pie-in-the-sky not funded' shock

We raised $12,809,906, making the Edge the world’s biggest ever fixed crowdfunding campaign. Let’s not lose sight of what an achievement that is. Close to 20,000 people believed in our vision enough to contribute hundreds of dollars for a phone months in advance, just to help make it happen. It wasn’t just individuals, either: Bloomberg LP gave $80,000 and several smaller businesses contributed $7,000 each. Thank you all for getting behind us.

They raised $12.8 million, of which they will not see a single penny. I resent the premise that this counts as the largest crowdfunding campaign in history. How many people must have pledged knowing that there was know way the Edge would reach its ridiculous goal of $32 million?