So you pre-ordered an Ouya -- here is when to expect it
Back on March 28th Ouya president Julie Uhram announced the tiny Android-based gaming console started shipping, but only to backers of the Kickstarter project. Additional details were added such as a software update which would be run upon first boot up and that the device would officially hit retail stores on June 4th.
As we have seen around the web, some have already received their boxes, but what if you did not get in on the Kickstarter ground floor, but instead placed a pre-order when those went live back in August of 2012? I happen to fall in that category and so I inquired about the timeframe and received a response from Ouya's Carmelo Martinez.
JOBS Act leaves most startups out in the cold
Earlier this year I wrote a series of columns about crowdfunding and the JOBS Act, which was signed into law last April with several goals, one of which is to help startups raise money from ordinary investors. Those columns were about the promise of crowdfunding and the JOBS Act while this one is about what progress has been made so far toward that end. For startups, alas, the news is not entirely good. Crowdfunding looks like it may not be available at all for the smaller, needier companies the law is supposedly designed to serve.
It’s one thing to pass a law and quite another to write rules to carry out that law. Title 3 of the JOBS Act required the US Securities & Exchange Commission to write rules for the so-called crowdfunding intermediariesor portals specified by the Act, to choose or create a regulator to monitor those new entities, and to write rules clarifying how deals could be advertised to non-accredited middle-class investors.
Hiku replaces pen and paper without getting caught in the 'screen trap'
Halfway through its short appearance on Kickstarter, the little white device known as Hiku is just under halfway to its goal of $80,000. Led by former Palm product manager Rob Katcher, this deceptively simple device carves out a niche of its own by making an everyday task easier than even a smartphone could.
The world of consumer technology is dominated by Swiss Army Knives; moderately powerful computers that handle dozens of different tasks ranging from communications to productivity to the creative arts. But, as the age-old colonial American saying goes, the jack of all trades is the master of none.
Crowd funding: How to limit the risk of getting ripped off
The Kickstarter website has moved crowd funding into mainstream media. There is virtually no news site, newspaper or TV network left out there that has not reported on recent funding success stories. You may have heard about Double Fine Adventure's million Dollar ride that got the ball rolling for some serious game funding on the site, or Pebble, the e-paper watch for iPhone and Android that managed to rake in more than $10 million.
People who pledge a certain amount of money often get something in return. In the case of Double Fine it is a copy of the adventure game that the developers want to produce with the money, and for Pebble, it is one of those iconic watches. Pledges can be retracted for as long as the funding has not ended. Afterwards, the money is only transferred if the funding has reached the desired goal. If that is not the case, backers are not charged a single dime. It gets fuzzy when a project has crossed the funding goal and reached the end of the funding stage. Once the money has been transferred, there is not really any transparency as to what happens with the money from that moment on forward.
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