Neil Young's Pono music player raises millions

Nice start and I wish them well, but the real question is what will the selection and the pricing be like and then will it sell in any kind of numbers.

If you believe the Apple buzz, they are ready to release HiRez iTunes since all their masters are either 24/96 or 24/192 and they would have a superior library to PONO.
But do any of their devices support a HiRez format?

And for the counter reaction:
http://thehighfidelityreport.com/pono-fiat-music/

Remember when everyone thought that the WALKMAN was the greatest thing? Didn't take long for that to go the way of the Dodo Bird. Oh yeah, what about those DAT players and mini discs! Snooze.

Four to six years from now you will able to stream any resolution you like from the "Cloud" and you will be kicking yourself for buying into a temporary technology.

The Cloud is the end game, not a portable player out putting upsampled files that are not really very high quality, just re-packaged analog files.