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I got the same email. That is more than a little disappointing.
Am I off base here?
[sigh] Seriously biting my tongue on this one.I received the e-mail(s), too. NOT a surprise, David has let me down before. I'll take the partial refund and call this chapter "closed".
I just re-read David's mea culpa. I'm not sure I like the terms where he's taking a 20% cut for "his time". He accepted the risk of a project that could "go south" totally on his determination, and asked the community to fund his out-of-pocket expenses based on his reporting and pictures of prototypes. We took the dollars-and-cents risk, but I believe that his risk in the project was his time, and he is not entitled to compensation beyond direct reimbursements for a failure of his own making.Am I off base here?
Because of the outcome with his 3-D modeling company, I had serious doubts but thought it was worth a chance. I didn't think he'd do it twice. Silly me.Similar feelings here.
... I didn't think he'd do it twice. ...
Can anyone share what he said to announce the project being cancelled?
The end of the road – Everyone, thank you so much for your support of FireBox thus far. In the past year, I've learned so much from the experience of designing and preparing a product like FireBox for the market. At this time, however, I cannot continue to develop FireBox. I am writing this update to be as transparent as possible and make the situation a win-win for everyone involved. First, where does the project stand? I currently have several pieces of working hardware sitting on the bench. I've gone through FCC testing with and passed. The software is about 75% of the way done, but there are still hundreds of hours of work left to finish the software and make it ready for customers. If the project is so close to completion, why can't I just ship boards and finish the project? It all comes down to a simple equation of time and money. I am a student, studying outdoor product design and development (OPDD) at Utah State University. My focus right now should rightly be my education. As such, my time is very limited for projects like this. I spent my entire summer, the whole thing, on this project, and at the prices I promised and the quantity that you as backers demanded, I would hardly have made anything for my time. As the hardware became more complex to improve the safety of the product, the numbers got pushed to the point where I would barely break even. My already limited time was not getting compensated financially, and would likely never be compensated for financially. Additionally, once the product got into your hands, I would have to suddenly support hundreds of backers with brand-new hardware, most of you having only basic computer skills and no engineering knowledge, making in-field debugging nearly impossible. So, it is with regret that I am having to cancel this project. It makes no sense to continue on with it financially or time-wise. I have too many other commitments and there is no incentive to continue. Here's what I'm going to do to make the situation right for everyone involved. I will be as transparent as possible: * Put together as much remaining money as possible. Developing a hardware product is an expensive venture. After Kickstarter's fees and credit card fees, I received ~$9500 to develop and ship FireBox. I spent ~$1000 on non-refundable business expenses, things such as keeping my website online, completing FCC testing, and getting to and from the test lab in Colorado. I spent another ~$1750 on non-sellable assets such as hardware prototyping and small tools, and another ~$750 on sellable assets. I will sell off the assets I can and return that money, leaving about $6750. * Pay myself pennies on the hour for the time I put into the project. An engineer of my experience level would usually be paid at least $30 an hour, and I estimate I spent about 1000 hours of my time on this project over the summer. You can do the math. If I were to compensate myself with even the US federal minimum wage, you would not be getting any money back. Because I appreciate the support and recognize that these are hard times, I will take $2000 for my time, leaving $4750 of the original $9500 I got from Kickstarter. That's 50% of the total after credit card fees and Kickstarter fees. * Redistribute the remaining funds to backers, through PayPal. This will work on a request basis. If you would like to receive your refund, you will need to submit the backer survey with your PayPal address and indicate you would like a refund. * Finally, I will open-source all of the designs and software that have been created through this Kickstarter campaign, and they will be available soon on Github. Hopefully they will be of use to you or someone who might pick up this project. * If you're still interested in FireBox, I suggest that you check out DCC++ EX, a project to which I have contributed thousands of lines of code over the course of the development of FireBox. Your contributions to this project have helped to fuel that project and make it as successful as it has been in the last few months. Everyone, thank you again for your support. I'm sorry the project had to end this way, and I hope that the transparency I have provided will help to make this a better experience for everyone. Please stay tuned for your surveys! As a final note, if you have questions about how kickstarter works, I would suggest reading up on it. Kickstarter is not a store, instead it is a crowdfunding site. As such, there is no guarantee that a project will be successful.
So, it is with regret that I am having to cancel this project. It makes no sense to continue on with it financially or time-wise. I have too many other commitments and there is no incentive to continue.
An engineer of my experience level would usually be paid at least $30 an hour, and I estimate I spent about 1000 hours of my time on this project over the summer. You can do the math. If I were to compensate myself with even the US federal minimum wage, you would not be getting any money back. Because I appreciate the support and recognize that these are hard times, I will take $2000 for my time...
Additionally, once the product got into your hands, I would have to suddenly support hundreds of backers with brand-new hardware, most of you having only basic computer skills and no engineering knowledge, making in-field debugging nearly impossible.