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How Zano Raised Millions on Kickstarter and Left Most Backers with Nothing (medium.com/kickstarter)
1 point by RockyMcNuts on Jan 21, 2016 | hide | past | favorite | 1 comment


From the TL; DR at the bottom

- "Torquing did mount a serious, well-intentioned attempt to develop, manufacture, and deliver an intelligent autonomous consumer drone along the lines of their promises in the Kickstarter campaign. A seemingly dedicated staff couldn’t, in any case, meet the over-ambitious deadlines and specifications."

- "Personally, I do not believe that the creators possessed the technical or commercial competencies necessary to deliver the Zano as specified in the original campaign."

- "Kickstarter, and other crowdfunding platforms, should reconsider the way that they deal with projects involving complex hardware, massive overfunding, or large sums of money. There should be better mechanisms to identify weak projects before they fund, as well as new processes to provide mentorship, support and expert advice to newly-funded projects."




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