Hacker News new | past | comments | ask | show | jobs | submit login

> I don't want to pay even the preorder price for first-generation technology like this without a long breaking-in period.

It's not even a pre-order price. It's a crowdfunding contribution, for which the company is not obliged to give you anything in return.




Hmm. I was going from the re/code article (http://recode.net/2015/10/07/photography-startup-light-takes...).

> The company will take preorders, with a limited number of units available for $1,299, until Nov. 6.

The reservation form on the actual site is the same way. Why do you call it crowdfunding?


Because they're collecting the funds using Tilt.com, a crowdfunding service. You can also read their terms and conditions when you click on the Reserve button, where you'll find that you're "contributing" funds to an "organiser".


From Tilt's Terms:

"If you’re a Contributor, you make payments to an Organizer at your own risk. Unforeseen or other events may prevent an Organizer from providing goods, services or rewards exactly as promised. If things go awry, please be understanding and consider cutting the Organizer some slack. At the end of the day, though, it’s the Organizer’s responsibility, not Tilt’s."




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: