Very Active Member
- Jul 20, 2010
Honestly, ED has been straight up with us on what is going on with the pyra. He has also been trying to make right of the people 'Craig' screwed over. If we didn't trust him, he wouldn't have over 800 orders.It works:
Evil Dragon looks so proud, also love your comment on PGS.
"I won't call it a scam, as scam means that someone does something bad on purpose, and that's not what I think.
However, being sceptical isn't a bad thing, and I've seen some projects with REALLY good ideas fail because the amount of work and money is underestimated.
I know complex PCB design takes a LOT of time. And the smaller and feature-rich a product is, the more time it takes.
My guess is that you'd need at least 300k USD and 1 year to complete a fully working prototype with your own PCBs from here.
Just the molds for the case would cost 50 - 80k USD, one set of bare multilayer PCBs take 6 weeks to produce, then you need to populate and test them and do that a couple of times... and each run probably costs about 20k USD as well.
The final price you sell it here is LESS than the production costs for an Apple iPhone, and Apple produces these in billions and have VERY VERY good deals with distributors, even providing some parts themselves.
You plan to have more features and sell it for less than Apples costs.
So yes, as much as I hope you can pull it off and wish you the very best, it sounds a lot like you're underestimating the amount of work, prices, etc.
You will never know the real production costs before the real prototype is finished, you can only estimate them, but looking at the features, knowing the prices of parts, your estimation seems too low.
Right now I see three options:
1. This is a scam (which don't hope it is)
2. You underestimated the costs
3. You have some investors or other money lying around so you don't even need any of the Kickstarter money
Please don't see that as trolling.
I do not want to troll, I am not calling you a scam, I just want to make sure you REALLY thought this through, as I don't want you or any of your backers run into a wall."