This site is not affiliated with Kickstarter, Inc.

News + Fraud Watch + Popular Projects

Pebble has been officially acquired by Fitbit

Moderator: VaporStarter

by sbriggman » Wed Dec 07, 2016 7:57 pm

If you haven't heard, Pebble was just acquired by Fitbit. According to the company website, "Pebble is no longer able to operate as an independent entity. We have made the tough decision to shut down the company and no longer manufacture Pebble devices. " See:

Basically, Pebble is closing down and most of the team is being incorporated into Fitbit. All outstanding backers who have not yet received a Pebble will get a refund.

It's kind of sentimental, because Pebble is one of the companies that put Kickstarter and crowdfunding on the map. At the same time, raising lots of money and even selling lots of products does not guarantee longterm success as a startup company.

Article on the story: ... it-734593/

By some reports, the company is being snatched up for between $30-40 million.

What do you think? How will this impact the future of crowdfunding?

Personally, I think it takes real balls to launch a startup and compete with some of the major fortune 500 companies out there, like Apple. At the end of the day, as an entrepreneur, you must define success on your own terms.

To some, success can mean owning and working hard to grow a multi-billion dollar company. To others, it can mean making a great living and spending a lot of time with your kids. There are also those who simply want to make a dent in the universe!

I'd love to hear what YOUR definition of success is below.
Learn how to succeed on Kickstarter: here.
Submit a free press release for your Kickstarter campaign here.
User avatar
-- Veteran Member --
-- Veteran Member --
Posts: 3475
Joined: Sat Apr 20, 2013 6:49 pm
Location: NYC

Share This Thread On

Share on Facebook Facebook Share on Twitter Twitter Share on Reddit Reddit Share on Google+ Google+

by RaccoonMadness » Wed Jan 18, 2017 2:25 pm

There is a dream, and there is a 30/40m$, i think most people would go for second!
-- Junior Member --
-- Junior Member --
Posts: 14
Joined: Sun Jan 15, 2017 3:51 pm

by benmcwilliams » Thu Mar 16, 2017 4:07 pm

They successfully sold their business for a lot of money and secured new jobs for their team as well as themselves. I would say that is success in my opinion!
-- New Member --
-- New Member --
Posts: 5
Joined: Thu Mar 16, 2017 3:39 pm
Location: Liverpool, UK

by eMinnow » Tue Apr 04, 2017 5:32 pm

My dream is to help build our start up into a multi million dollar business which will allow me to have more time with the kids etc. I have done it before and will do it again :)
Pebble, it's a great company with a super brand and image so it doesn't surprise me the likes of FitBit snapping them up.
David Tye
eMinnow the worlds first robotic fishing lure! now AVAILABLE to pre-order now via:
Indiegogo On Demand:
User avatar
-- Senior Member --
-- Senior Member --
Posts: 64
Joined: Mon Mar 13, 2017 11:08 pm
Location: Victoria, BC, Canada

by OWForge » Wed Oct 04, 2017 3:11 am

benmcwilliams wrote:They successfully sold their business for a lot of money and secured new jobs for their team as well as themselves. I would say that is success in my opinion!

One has to wonder if they ever thought they'd manage to get this far, and achieve so big.
-- New Member --
-- New Member --
Posts: 6
Joined: Wed Oct 04, 2017 2:31 am

by galeunderwood » Sat Nov 11, 2017 12:25 am

this is an antrocity. wasn't there some folk who created a class action against them? I remember reading it but I can't find anything online. please post if you have the link.
here's my campaign link:
-- Junior Member --
-- Junior Member --
Posts: 25
Joined: Wed Nov 08, 2017 5:48 am

Return to News + Fraud Watch + Popular Projects