Yeah … My cursory knowledge about Purism says that’s a very risky investment.
If you want to just make money, yeah it’s probably not a really good investment, what i am hoping will happen is that people that really care about creating the type of products purism make will get voting rights and help manage the company better, maybe even create a non profit that will slowly buy the company and manage it (something like how the green day packers was bought by a non profit).
it’s a very hard goal, i am even surprised they made it this far, but just complaining is probably not going to really help make a true Linux phone a reality.
Not just risky, but actively supporting a bad company
Shady company.
Linux where?
I remember when this bill was being worked through the system a decade ago, but I’m not sure how it turned out: Jumpstart Our Business Startups Act.
I worry that these new kinds of investments are novel ways to scam “non-accredited investors” (i.e. normal people who have to work for a living) of their money.
I would be happy to invest in them if they actually delivered on their promises.
They had some good will, but it has waned lately.
A business plan explaining why external investment is needed, and a road to profitability is required. Not just revenue.
I’m not sure the Linux/freedom market place has the tolerance to back another preorder product from them