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Submission + - Ubuntu Edge Project Fails to Meet Crowdfunding Goal (slashdot.org)

Nerval's Lobster writes: The crowdfunding campaign to build an Ubuntu-powered smartphone has fallen short of its ambitious goal. Canonical, which works with the open-source community to support Ubuntu worldwide, decided to fund its Ubuntu Edge smartphone via crowdfunding Website Indiegogo. The funding goal was set at $32 million, and at first it looked as if the project had enough momentum to actually succeed: within the first 24 hours of the project’s July 22 launch, some $3.45 million had poured in. But that torrent of cash soon slowed to a trickle. In the end, the campaign managed to amass $12,809,906 by its August 21 closing. Nonetheless, Canonical did its best to put a brave face on the situation. “While we passionately wanted to build the Edge to showcase Ubuntu on phones, the support and attention it received will still be a huge boost as other Ubuntu phones start to arrive in 2014,” the organization wrote in a posting. “Thousands of you clearly want to own an Ubuntu phone and believe in our vision of convergence, and rest assured you won’t have much longer to wait.”
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Ubuntu Edge Project Fails to Meet Crowdfunding Goal

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The trouble with money is it costs too much!

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