... so I shouldn't use the CEOs history of bankruptcy and failed a Kickstarter when judging if I think it is going to succeed or not?

The idea is that you judge each Kickstarter venture on its likelihood of doing that vs actually delivering.

Honestly that is something I’ve always been ok with on Kickstarter. But it’s 50% scams now of people who never intended to deliver anything in the first place and Kickstarter is taking a lot of steps to protect the scammers in this. The only reason I ever back anything on there anymore is because of campaigns by companies I trust will at least try. I trust Pebble will try, so I personally am very tempted.