I’m pretty excited about this; my Pebble Time was the best watch I’ve even owned - smart or otherwise.
That said, I don’t think I’m going to be preordering this given how badly the last Pebble Kickstarter went. For those who weren’t around at the time, Pebble (whose CEO is behind this venture) built his whole business around Kickstarter. The first 2 generations were wildly successful, but for the third generation they massively overextended themselves trying to get hardware into mainstream retailers, prioritised building stock for retail channels (because contracts) and ran out of cash before shipping for the majority of backers who had bankrolled this whole thing. Eventually everyone who hadn’t had their orders fulfilled got a refund, but that was only because FitBit decided to buy them. Eric seems like a nice guy and great at the technology - and I’m not saying that I could run a business any better - but I think I’ll wait until there is stock on hand for me to buy outright before I hand over my cash
You need a perfectly polished smartwatch. This project is a labour of love rather than a startup trying to sell millions of watches. There may be some rough edges (literally). Things will get delayed. Some features will not be ready at launch. Things could break. Things could not last as long as you’d like. The only thing we can guarantee is that it will be awesome and a lot of fun! Every time you look down at your watch, you will smile
So yeah, I’d say your take is pretty accurate. At least they’re honest lol
I’m pretty excited about this; my Pebble Time was the best watch I’ve even owned - smart or otherwise.
That said, I don’t think I’m going to be preordering this given how badly the last Pebble Kickstarter went. For those who weren’t around at the time, Pebble (whose CEO is behind this venture) built his whole business around Kickstarter. The first 2 generations were wildly successful, but for the third generation they massively overextended themselves trying to get hardware into mainstream retailers, prioritised building stock for retail channels (because contracts) and ran out of cash before shipping for the majority of backers who had bankrolled this whole thing. Eventually everyone who hadn’t had their orders fulfilled got a refund, but that was only because FitBit decided to buy them. Eric seems like a nice guy and great at the technology - and I’m not saying that I could run a business any better - but I think I’ll wait until there is stock on hand for me to buy outright before I hand over my cash
From their FAQ, emphasis mine:
So yeah, I’d say your take is pretty accurate. At least they’re honest lol
My concern isn’t that things will get delayed, it’s that I’ll give them my money and get nothing in return
That’s. Uh… the entire idea of a kickstarter.
It may crash and burn. Don’t want that, don’t back anything on kickstarter.
… so I shouldn’t use the CEOs history of bankruptcy and failed a Kickstarter when judging if I think it is going to succeed or not?