Ubuntu Edge Missed Its Crowd Funding Goal; Will Have to Refund Pledges

Discussion in 'Android News' started by dgstorm, Aug 22, 2013.

  1. dgstorm

    dgstorm Editor in Chief
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    Dec 30, 2010
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    Austin, TX

    The folks at Canonical have a bitter-sweet pill to swallow. Their Kickstarter crowd-funding goal for the cool new Ubuntu Edge smartphone missed its target by a long-shot. They will now have to issue a refund to all those who pledged money to their cause.

    Despite that, they still raised more in a crowd-fund than any other company has before them. This means they have an exciting product, but that their initial goals were a bit lofty. They were shooting for a whopping $32 Million dollars, and although they missed it, they scored a total of $13 million, which is still phenomenal. Here's a quick quote with more of the details,

    Perhaps this was simply an experiment to see how close they could come. It's probably an easy wager they will come back with a similar and more feasible project in the future. Sound off what you thought of the Ubuntu Edge phone, and whether it will be resurrected from the ashes like a Phoenix?

    Source: SlashGear