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Re:Pebble 2, Time 2 + All-New Pebble Core by taylorwc on Tuesday May 24, 2016 @11:34AM (#11762395)
Working capital on better terms than equity or debt. They have a proven track record, so it's not very risky to backers, and they get working capital at a very low cost.

Edit: Other comments referencing marketing make a good point. PR value is big for a massively successful kickstarter.

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