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by runako
4995 days ago
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I'm not qualified to evaluate how much money a modern chip startup needs to launch a product. But it's worth noting that the Kickstarter pitch doesn't mention the millions the company has raised so far (apologies if I missed that part). >> Kickstarter funds are "cheap" (no dilution & no debt) Of course they are, and that's kind of my point. Raising money from unsophisticated unaccredited investors without providing full disclosure or even a contract in exchange is obviously a great source of capital. However, I'm not convinced pitches like this would withstand scrutiny by the relevant regulators if they were not asleep at the switch. I didn't mean to be overly critical of the project. I wish them all due success. That doesn't mean I can't dislike the Kickstarter campaign. (I would similarly dislike AMD raising funds on Kickstarter, even if I liked the project.) |
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