The people behind it were pushing for investments at the last minute. Timing was bad -- there are tons of messages from people after the fact who said, "Sorry, if I'd only known in time!" -- and they did make up an $800 short-fall in the last seconds before it ended.

It's pretty harsh to judge a team you've never met by one external symptom that actually has nothing to do with their ability to create the product.

Disclaimer: I know the guys behind the project.