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What If Ubuntu Edge Misses Fundraising Goal?

Jul 31, 2013, 14:00 (2 Talkback[s])
(Other stories by Christine Hall)

It's beginning to look as if the naysayers are right about Mark Shuttleworth's hopes to raise $32 million to produce about 40,000 Ubuntu Edge devices. It ain't going to happen, unless he manages to pull another rabbit out of the hat. Right now, his Indiegogo campaign is stalled at a little over $7 million, where it???s been for several days. Even if Shuttleworth misses his stated goal, however, he's still going to show the ability to raise a substantial amount of cash. Indeed, the $7.3 million already raised isn't chopped liver, as the expression goes, and unless this campaign is already completely spent, which I doubt, he stands to raise somewhere between $15 and $20 million by the time the curtain falls at Indiegogo. If he does some tinkering, which I imagine he will by offering another incentive or two, he might even get the finishing number up into the mid-twenties.

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