Kickstarter isn't a store, so Pebble shouldn't treat it like one

Pebble Time

The maker of the Pebble smartwatch took to Kickstarter again this week, successfully pulling in enough money to fund a new version of its wearable hardware (The Pebble Time), with enough spare cash left over to pay for a fun mission to Mars for the original team members.

Problem is, it's done all this before. Pebble was one of the first wave of super successful Kickstarter fundees, with its first big win helping to launch the smartwatch boom while also going some way toward establishing the crowdfunding model as a valid way for the masses to back risky and artistic ventures.

Please empower us to be as rich as Mark Zuckerberg

Pebble explains the need for its latest cash-grab as if it's doing it for the benefit of the world, saying: "We're back on Kickstarter to give you - the community who cares the most - an opportunity to support our vision for wearables and get exclusive access to our newest product."

Which makes it sound like a charity, bringing the gift of being able to tell the time and dismiss some useless notifications about the weather and cinema times to the world.

But it's not a charity, it's a business that's selling a small screen for $179, with reward tiers designed to make sure people bought the early limited edition colours for a bargain price to guarantee it'd hit the funding limit in quick, newsworthy time. Like it did last time.

As for the "Risks and challenges" section, a compulsory element Kickstarter demands is added to make things sound like they're not already a shoe-in for getting made, Pebble says: "Pebble Time is nearly complete. All watches shown on this page and in the video were built on our production line."

So it's done. It's being made. What's the money needed for, then? Surely Pebble should be brave enough to go it alone, leaving the amateur venture capitalists to fund things a bit more innovative than the redesign of a popular existing product?

What's to stop Unilever and Procter & Gamble popping up on Kickstarter and Indiegogo next year, claiming they need public funds to take the risk out of road-testing new fabric conditioner scents?

"We need your help to see if the world is ready for the lemony freshness of new Funky Fruit Daz liquitabs," said A.G. Lafley, Chairman of the Board, President, and Chief Executive Officer of Procter & Gamble, ahead of the launch of this week's crowdfunding campaign.

"We only took $84.17 billion in revenue in 2013," Lafley added. "Your $150,000 could help pay for one social media viral marketing campaign to ensure Funky Fruit Daz liquitabs get to the people who need them."