TechHive: Ubuntu Edge campaign shatters the crowdfunding record, likely for naught

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thumbnail Ubuntu Edge campaign shatters the crowdfunding record, likely for naught
Aug 16th 2013, 14:40, by Brad Chacos

It's official: The audacious Ubuntu Edge smartphone-slash­-PC is the most successful crowdfunding campaign in history. Canonical currently sits atop a pledged cash horde of $10,420,890, a pile of dough bigger than the $10,266,845 raised for the Pebble Watch, the previous crowdfunding record holder.

Too bad it's all for naught.

With just six days left in the campaign, Canonical is still roughly $21.5 million short of the utterly ridonkulous $32 million goal set for the Ubuntu Edge. If the campaign doesn't hit the magic $32 million number, the Ubuntu Edge remains a dream, and all pledges will be returned to people who donated to the campaign. Frankly, it's not looking like that goal's going to be met.

That's right—the most successful crowdfunding campaign in history is shaping up to be a resounding failure.

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