It's not easy for entrepreneurs to secure capital these days - at least that's the received wisdom. But tell that to the American inventors of the Pebble E-Paper Watch, a cus-tomisable, smartphone-synching timepiece that launched last year. Seeking a modest $100,000 of investment, the team wound up scoring a whopping $10.3m. In a month. Another example to hit the headlines recently is the Ubuntu Edge smartphone, which gathered funding pledges in excess of $10m in an equally short time. However, with a target of a whopping $32 m, it was ultimately unsuccessful. Unlike the Pebble Watch (pictured), which you can now buy. RRP $ 150. Stop the clock! What mythical cash pot is this, you may wonder, that happily doles out 100 times the requested amount at a time when you're more likely to encounter a hog on a hang-glider than to secure a decent bank loan?
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