Ooooo-yeah!

tjb.

Posted to Business on Thu Jul 12, 2012 at 07:22:27 AM EST (promoted from Diaries by port1080). RSS.

A $99 android based game console has raised over $3 million on kickstarter in 2 days. That sound you heard was traditional venture capitalists everywhere pooping their pants.

Obviously, the team behind this had substantial initial funding and sponsorship to get their prototype up and running and the kickstarter event is as much marketing stunt as fundraising, but it certainly does demonstrate that the crowd-sourced funding model can be successful and that startups may be able to avoid having to take massive bank loans or give up substantial equity to fund themselves.

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1	Re: Ooooo-yeah? zyxwvutsr. Wed Jul 11, 2012 at 07:50:40 PM EST none

I read your writeup and the first two paragraphs of the linked page. I have no idea what you are selling or why I or anyone else should care.

Fail.

3 1	Re: Ooooo-yeah? HidingFromGoro. Wed Jul 11, 2012 at 11:14:10 PM EST none

I have no idea what you are selling

At least it's something different than LED lights or knockoff NFL jerseys.

I got more styles than prison got bricks- ain't that some shit?

2	Re: Ooooo-yeah! HidingFromGoro. Wed Jul 11, 2012 at 11:12:37 PM EST none

Only $700 for an extra controller and your gamertag etched on the console! You can't afford not to invest!

I got more styles than prison got bricks- ain't that some shit?

4	Re: Ooooo-yeah! HidingFromGoro. Wed Jul 11, 2012 at 11:27:21 PM EST none

Hackers welcome.

Have at it: It's easy to root (and rooting won't void your warranty). Everything opens with standard screws.

Shitty mobile games on a TV? Built around the free-to-play model just like all your favorite F2P Korean MMOs? Not only guaranteed but encouraged pirac-y plus it runs on Android? Yep, all those "AAA game developers" will be lining up at the door for this one- look out Activision!

I'm not going to invest $2,000 for the free T shirt or whatever, but I'll probably buy one for $99 as soon as it's been modded to use an Xbox controller just for the emulators.

I got more styles than prison got bricks- ain't that some shit?

6 4	Re: Ooooo-yeah! improper. Thu Jul 12, 2012 at 09:32:23 AM EST none

I mean I really don't play games that much anymore, but shitty mobile games? The games I've seen for phones are pretty intense nowadays, I mean certainly something to give console games a run for their money.

Plus we're talking about games that are like $5-$10-$20 vs console games are $50-$60.

12 6	Re: Ooooo-yeah! HidingFromGoro. Sat Jul 14, 2012 at 10:15:15 PM EST 5.00 (working)

Those games exist because there's a small (but nevertheless very active on the internet) market segment who play them at work.

Trust me, nobody's sitting at home playing Angry Birds while their copy of Skyrim/Madden/CoD collects dust.

I got more styles than prison got bricks- ain't that some shit?

12

Re: Ooooo-yeah!

improper.

Mon Jul 16, 2012 at 11:28:37 AM EST

none

I didn't mean kiddy games like Angry Birds, which are created more to kill time and provide quick entertainment when you're waiting around. I meant games like Amazing Spiderman or Need for Speed or Shadowgun.

These games are pretty robust, they are very close to console games. It makes sense because the processors and GPUs in the phones are just as good as laptops.

9 4	Re: Ooooo-yeah! tjb. Thu Jul 12, 2012 at 12:21:09 PM EST none

Yep, all those "AAA game developers" will be lining up at the door

I think you are somewhat missing the point here - think Braid & Super Meat Boy, not Assassin's Creed or CoD.

13 9	Re: Ooooo-yeah! HidingFromGoro. Sat Jul 14, 2012 at 10:16:54 PM EST none

Braid & Super Meat Boy

Yeah, I know what Kotaku says; but don't confuse "indie" games with "AAA" games.

I got more styles than prison got bricks- ain't that some shit?

5	Re: Ooooo-yeah! HidingFromGoro. Wed Jul 11, 2012 at 11:31:18 PM EST none

"The television. Television! The television!! I love the television. Television... television."

-Julie "Television" Uhrman
OUYA, Founder

(don't be stupid and watch their video like I did)

I got more styles than prison got bricks- ain't that some shit?

7	Re: Ooooo-yeah! improper. Thu Jul 12, 2012 at 09:34:26 AM EST none

I love kickstarter. It's a concept that liberals and libertarians can embrace.

8	Re: Ooooo-yeah! improper. Thu Jul 12, 2012 at 09:52:58 AM EST none

E-Paper Watch received $10 mil in funding.

http://www.kickstarter.com/projects/597507018/pebble-e-paper-watch-for-iphone-and-android?ref=home_p opular

10 8	Re: Ooooo-yeah! tjb. Thu Jul 12, 2012 at 12:22:44 PM EST none

That is pretty cool.

I'm a little unsure how anyone can really be anti-kickstarter, but apparently those people exist (hi Goro!)

10

Re: Ooooo-yeah!

improper.

Thu Jul 12, 2012 at 01:26:31 PM EST

none

The first time I heard of Kickstarter was when the small, square iPod Nano came out and someone decided to make a wristband for it and put it on Kickstarter.

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tjb.

Posted to Business on Thu Jul 12, 2012 at 07:22:27 AM EST (promoted from Diaries by port1080). RSS.

Re: Ooooo-yeah?

zyxwvutsr.

Wed Jul 11, 2012 at 07:50:40 PM EST

1

Re: Ooooo-yeah?

HidingFromGoro.

Wed Jul 11, 2012 at 11:14:10 PM EST

Re: Ooooo-yeah!

HidingFromGoro.

Wed Jul 11, 2012 at 11:12:37 PM EST

Re: Ooooo-yeah!

HidingFromGoro.

Wed Jul 11, 2012 at 11:27:21 PM EST

4

Re: Ooooo-yeah!

improper.

Thu Jul 12, 2012 at 09:32:23 AM EST

6

Re: Ooooo-yeah!

HidingFromGoro.

Sat Jul 14, 2012 at 10:15:15 PM EST

5.00 (working)

12

Re: Ooooo-yeah!

improper.

Mon Jul 16, 2012 at 11:28:37 AM EST

4

Re: Ooooo-yeah!

tjb.

Thu Jul 12, 2012 at 12:21:09 PM EST

9

Re: Ooooo-yeah!

HidingFromGoro.

Sat Jul 14, 2012 at 10:16:54 PM EST

Re: Ooooo-yeah!

HidingFromGoro.

Wed Jul 11, 2012 at 11:31:18 PM EST

Re: Ooooo-yeah!

improper.

Thu Jul 12, 2012 at 09:34:26 AM EST

Re: Ooooo-yeah!

improper.

Thu Jul 12, 2012 at 09:52:58 AM EST

8

Re: Ooooo-yeah!

tjb.

Thu Jul 12, 2012 at 12:22:44 PM EST

10

Re: Ooooo-yeah!

improper.

Thu Jul 12, 2012 at 01:26:31 PM EST