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A comment on Dalton Caldwell: App.net is not Vaporware.

Re:Dalton Caldwell: App.net is not Vaporware by mattlong on Wednesday August 08, 2012 @03:39PM (#4357619)
It seems that development is going full steam ahead even though the project hasn't reached it's funding goal yet. What happens if the goal isn't met by the deadline? I can't imagine Dalton will just drop it. I guess what I'm asking is, what's the significance of the funding goal being met or not?

Am I missing something?

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Re:Dalton Caldwell: App.net is not Vaporware by MatthewPhillips on Wednesday August 08, 2012 @03:48PM (#4357663)
If they don't meet the goal, they don't get any money from people who have already pledged. So it's very significant.
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Re:Dalton Caldwell: App.net is not Vaporware by jjb123 on Wednesday August 08, 2012 @04:36PM (#4357927)
Is the funding goal about the financial significance? I'd argue it's more about the significance of proving there are 10,000 paid members as the foundation for the community (a notion of PG's that Dalton has referenced).

I'm a backer, and I'd argue the brilliance of this is two-fold: Dalton gets to spend a month to see if there is enough demand to build this out for an initial community (instead of 8 months finding out the hard way), and us as backers will only be charged if there is a critical mass of interesting folks to launch the community.

Neither of these are about the financial significance of $500,000 or $200,000 for that matter.

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