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CastAR will return $1M in Kickstarter money and postpone shipments

29 pointsby edrocheover 9 years ago

2 comments

beardicusover 9 years ago
I gave them a dollar, so I&#x27;m not terribly &quot;invested&quot;, if you will. I can&#x27;t get a handle on how people will react to this... but I&#x27;m assuming there will be a minority that still lose their minds with impotent rage. I think the majority feel this is a smart move and will have no ill will, even if they&#x27;re disappointed they have to wait longer.<p>It will be interesting to see how they compete and position vs. all the VR gear coming out. I hope it doesn&#x27;t end up as &quot;Dungeons and Dragons players over here, First Person Shooters over there&quot;.
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eveningcoffeeover 9 years ago
I am reading this and <a href="http:&#x2F;&#x2F;castar.com&#x2F;kickstarter-faq&#x2F;" rel="nofollow">http:&#x2F;&#x2F;castar.com&#x2F;kickstarter-faq&#x2F;</a><p>It is actutally more than just a refund:<p><i>&quot;Backers must complete and submit the Survey by February 15, 2016 to be eligible for this refund offer and a unit of consumer product at no charge.<p>Backers who have completed the Kickstarter Survey will receive a message from PayPal with instructions on how to reclaim their backings along with a unique discount code that will be good for one free pair of consumer castAR glasses.&quot;</i><p>This is a very respectful behaviour from CastAR because as it looks, they used the Kickstarter money to attract the VC investment. As such, giving only refund would mean that the only benefactors of the funding would have been CastVR and Kickstarter and not the people who took the actual risk.<p>Edit: It looks like the only ones who would get burned are the people who ordered multiple classes and will now only receive one. They invested 272990, so about 1&#x2F;4 of the campaign. I think that it is wrong that they will receive only one free pair of classes as their money was also used as the seed money.
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