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goronbjorn
on April 12, 2012
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Pebble E-Paper Watch Raises $1M In 28 Hours
$1M/28 hours = $850k/day
$1b/2 years = $1.4m/day
Still less than Instagram.
mikedmiked
on April 12, 2012
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Maybe if they put some filters on the e-ink display it could squeeze a couple extra $100k?
ajays
on April 12, 2012
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May be.... but most of the money in Instagram went to the VCs; here, all of it is going to the company.
goronbjorn
on April 12, 2012
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Not necessarily most… The two founders owned 50% of the company so at most half.
parlane
on April 12, 2012
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5% to KickStarter. Which would make KickStarter a viable business. I assume 5% of all sales is to deal with cost of transactions though, maybe they have a deal with Amazon.
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$1b/2 years = $1.4m/day
Still less than Instagram.