As of Wednesday night, the famed Ouya Kickstarter project has now been fully funded. Actually, it was way past fully funded, as 63,000 backers gave the project $8.5M when the initial goal for the hackable console was only $950K. This includes 46,000 who gave $99 which comes with a promise that they’ll get the console when its released. But when is that? There’s sort of a strange realization now that Ouya has $8.5M of gamers’ money, and they have nothing but a promise. And you can’t play a promise. Read the full story at Forbes.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.