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If the Ubuntu Edge reaches its goal of $32,000,000, Indiegogo makes $1,280,000 off it.
by javis 13y ago
If the Ubuntu Edge reaches its goal of $32,000,000, Indiegogo makes $1,280,000 off it.
- jessaustin 13y agoWow. Does this include PayPal's cut?
- bnr 13y agoPayPal takes 2,9 to 3,9% plus a base transaction fee[0], so their share of the pie would be at least $928000. [0] https://www.paypal.com/webapps/mpp/paypal-fees https://www.paypal.com/webapps/mpp/paypal-fees
- thejosh 13y agoYes, but once you reach a certain tier per month (which indiegogo would have reached by now) this goes down to around 1.1%.
- audeyisaacs 13y agoI wonder why they wouldn't just set up their own crowdfunding page for this project. Surely the effort would be worth $1,280,000.
- raphman 13y agoMaybe they got a special deal.
- hacker789 13y agoI wouldn't be surprised if Indiegogo offered Canonical incentives to use their platform, and I wouldn't be surprised if those incentives include a significant reduction in fees. For the next 30 days, the Indiegogo brand will be mentioned nearly every time Ubuntu Edge is discussed. That publicity alone is worth something. But if this campaign somehow succeeds, Indiegogo will receive more than just another dose of (outrageously positive) publicity—they'll be forever known as the platform used to launched Ubuntu Edge.
- zombio 13y agoPeople are more likely to contribute if it's on a platform they trust and recognize.