Posted by: seanmalstrom | July 11, 2012

Email: An All-Star Plan to Build a New $99 Hackable Video Game Console Requires $950,000 Of Your Money

This is an interesting concept that has me a bit conflicted. It essentially is a console with just enough power and utility to have a decent amount (or more) of potential. They’re selling this entire thing on potential. It does have some reputable people involved on the project. The only thing that it’s truly missing is the meat, the heart of the console. Games. Sure, Minecraft has been promised (on condition) but we have no idea what this could bring us. I’m pretty sure every Indie game ever will probably launch on this at some point (if it really releases, but I believe that it will. Not that it comes from someone who understands hardware or the industry), but if it gets at least 4 games worth owning exclusively (hell, if Android gets 4 major exclusives/exclusive iterations) I’ll be all over it.
 
Question, (I know how you feel about Kickstarter, but I believe that this may be worth thinking about). If the Wii U was placed on Kickstarter, would it have been funded as quickly as the Ouya? This is based upon everything that we know up until it now. To go further with the same question, what if we removed the legacy elements of the Wii (Nintendo characters, backwards compatibility and the virtual console) so that it only could fight around the merits of what it can bring to the table without feeding off of prior work. Nintendo Land would still be there, but we’d have nobodies instead of Samus and Link.
 
It may be a bit unfair to compare these two systems now since one is much more concrete than the other and actually has games announced, but I think it could show how empty the Wii U looks from a certain perspective. If we had of done this with the Wii, I’d still say that it would have been seen as much more exciting. The NES came the closest to this type of situation and sold like crazy. Just like the investor’s question and suggestions were absurd, this comparison and the possibility that core of what Nintendo may offer may be too weak may be just as absurd as a proposition to base their business on. I really wished that they would reveal more and finish telling us where they stand.http://www.kickstarter.com/projects/ouya/ouya-a-new-kind-of-video-game-console

There’s a reason the company cannot raise money for this ‘product’. No investor wants to touch it.

Why on Earth would I want to buy this thing? I can play all those games on other platforms. If I want to play Minecraft, I can play it on the computer now. There are no exclusive games to the Ouya. I doubt the people behind Ouya have ever made a video game.

If I was in charge of the company and investors weren’t biting, I would tell them: “Screw you. I am going to sell this even if I have to make it myself. Why? Because I believe in it.” I would make a few, take a card table to a street corner, and start selling them. You think I’d let an investor or someone else hold me back from success? To hell with them!

I’ve never been a believer that it takes money to make money. I can generate money from nothing. Having money can help, but if you can show you can generate some money from nothing, show cashflow, investors will begin to bite. They will realize that if they invest money in your company, that investment will turn into larger money.

Before the Apple II computer, how was the Apple I sold? How was PONG made and sold? The company needs to prove there is a market demand before they ask for investment money.

Investors may not be biting because they sense it may be a scam. Remember the Phantom? A company with no track record wants YOUR money for a product that doesn’t exist? Are they asking for your money because they can’t fool the investors?

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