Open Graphics Project Looking For Funding

An anonymous reader writes "The Open Graphics Project was formed last year to create a free and open source friendly graphics card. According to this article on KernelTrap, the project lost their company backing a couple of months ago, but has decided to go forward with the effort with money from the developer's own pockets. The team plans to release a prototype card to the public in November, at which time they'll need to find $1 million dollars for the effort to continue." I continue to wonder about the Open Hardware projects but call me skeptical- people contribute to Open Source because it typically costs little more than time.

Comments

Just give the money to a manufacturer

[OlivierB]

Call me naive, but wouldn't all this money not be best invested in an agreement with a manufacturer to release for say half of his line-up in the next five years, open-source drivers?
If no manufacturer joins in, why not put up a bounty for people to write these open source drivers?
As much as I adhere to open source software, hardware open source just sounds like communism in my mind; hardware needs money. And investors kinda like a yield on their cash.