Quoted from oohlou:How was JJP funded up to this point? It seems like this could be taken either way:
Positive: JJP is doing well enough that additional investors want in on the action
Negative: JJP is doing poorly and had to find new investors in order to stay afloat
I hope it is the former.
Initially, I think it was all home grown funded. And then obviously from his pre-orders. This should not be taken negatively. This is the next logical step, and the only way he can propel his business forward. He needs the capital infusion to expand his business, and the ability to further invest in game development. Plus, I'm sure Jack realizes the appetite for "pre-order" is not what it once was.
Despite the bad press some give Jack, this shows he making smart business decisions, and looking towards the future.
Let's just hope the demand/market for all these manufacturers stays strong....