Ouya's Kickstarter Closes with Over $8 Million in Funding

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Jane McEntegart
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Jane McEntegart is a writer, editor, and marketing communications professional with 17 years of experience in the technology industry. She has written about a wide range of technology topics, including smartphones, tablets, and game consoles. Her articles have been published in Tom's Guide, Tom's Hardware, MobileSyrup, and Edge Up.

  • kdkdkdk
    minus 5% for the kickstarter fee, and another 2-5% for the Amazon credit card charge fee, so that brings the value down to about 8M flat. Keep in mind: with that money ouya is obligated to build and ship around 58 thousand ouya consoles and at least 61 thousand controllers (probably more controllers). Assuming a console and controller cost around $100 for each pair (which is reasonable given the parts list), then you need to figure around 6M out of that 8M is already accounted for. Yes, they raised quite a bit of money, but only 2M can go to pay for staff for technical, sales and marketing, and operations and management. That is around roughly funding for 10 man-years, a good amount, but not as large a windfall as many are probably assuming.
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  • fedelm
    I don't understand the point of this console, anyone care to explain it to me like I'm a two year old?
    Reply
  • darkchazz
    Tegra 3 will be very outdated when this console is released...
    So the release date is supposed to be April 2013, but it will have weaker graphics than the friggin' now-year-old ipad 2.
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  • mikat
    high end graphics != fun
    Reply
  • killerchickens
    fedelmI don't understand the point of this console, anyone care to explain it to me like I'm a two year old?
    The point of this console is to make it easy to get into the game development market it cost a lot of $$$ to make a game for the other consoles.
    Reply
  • Wolygon
    And kickstarter gets $430 000 of that...
    Reply
  • ojas
    I believe they even had an nvidia team working with them...
    Reply
  • RADIO_ACTIVE
    Wish I came up with Kickstarter, such a great idea.
    Reply
  • scout62
    Specs make it look like a phone in a box with an HDMI output?
    Reply