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Comment Re: Morale of the Story (Score 3, Interesting) 217

I didn't refer to the paying people as investors!

It's a buy with a (bigger) risk of not getting the thing you paid for.

If you pay 100 USD each to 10 projects, but 1/10 fail to deliver; then your actual cost per delivered product is about 111 USD. You need to guesstimate costs like that before you "gamble" and buy stuff from sites like Kickstarter.

Google

Submission + - Google: Too late for OpenSocial? (news.com)

DeeQ writes: Is the search king already too late to the party?

When Google unveiled its OpenSocial developer initiative at the end of October, observers hailed it as the future of the social Web. It's been over six weeks, and OpenSocial — which uses open-source code to allow any participating social media site to implement a common set of application program interfaces (APIs) and create "universal" applications — isn't finished, though developers believe it will be ready early in 2008. In the meantime, a number of partners have launched independent developer platform strategies, and Facebook has announced that other social networks will be able to use its own applications, rivaling what Google can offer.

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