Comment: Re:kickstarter: (Score 1) 71
by
synaptik
(#43764575)
Attached to: After Kickstarter Record, Pebble Smartwatch Lands $15M From VCs
Kickstarters are not angel investors. Usually-- and this was the case with Pebble-- Kickstarters are prepaying for the device, and those prepayments fund development and initial manufacturing. And, the amount raised through Kickstarter was $10M, not $15M. (The latter is the figure that the VC is adding.)
Yes, I was a Kickstarter backer for Pebble. And, I received mine, at the stated discount. So I got my expected ROI.
Yes, I was a Kickstarter backer for Pebble. And, I received mine, at the stated discount. So I got my expected ROI.