Yeah ... My cursory knowledge about Purism says that's a very risky investment.
this post was submitted on 31 Jan 2024
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Not just risky, but actively supporting a bad company
If you want to just make money, yeah it's probably not a really good investment, what i am hoping will happen is that people that really care about creating the type of products purism make will get voting rights and help manage the company better, maybe even create a non profit that will slowly buy the company and manage it (something like how the green day packers was bought by a non profit).
it's a very hard goal, i am even surprised they made it this far, but just complaining is probably not going to really help make a true Linux phone a reality.
I am not sure I would necessarily call them a "good company" either.
If we're being honest, the phone project was a delusion from the start—the company is simply way too small to build a phone from components that were never meant to be in phones and have it actually work properly. At this point, can you finally even use the phone to call people via 2G/4G? Have they gotten beyond the sub-24h standby battery life? Have they got the bandwidth to handle the security reviews of the kill switches in their phones?
In the plus side, I appreciate that they invested in implementing adaptive layouts in Gnome. But the Linux space is littered with unsuccessful startups who all left their pawprints in code. Usually then allowing Red Hat and other big players (or, in the desktop space: a community) to build upon that code.
Shady company.
I would be happy to invest in them if they actually delivered on their promises.
They had some good will, but it has waned lately.
A business plan explaining why external investment is needed, and a road to profitability is required. Not just revenue.
I'm not sure the Linux/freedom market place has the tolerance to back another preorder product from them
I remember when this bill was being worked through the system a decade ago, but I’m not sure how it turned out: Jumpstart Our Business Startups Act.
I worry that these new kinds of investments are novel ways to scam “non-accredited investors” (i.e. normal people who have to work for a living) of their money.