If they wouldn't have screwed up royally with Planetary Annihilation, they might have made it. But PA has no single player, no offline multriplayer, has DRM... all the ingredients of a complete trainwreck.
That and I think people who back kickstarters (like myself) feel that after having done a "successful" kickstarter project that was, arguably, a commercial success (I'm still amazed at how many people bought into Planetary Annihilation at $90 USD) going back to kickstarter is... not cool.
They made money with Planetary Annihilation. Use it to build their next game. Or, if they have already wasted it, then fold as a company.
They could have leveraged Planetary Annihilation's success (while it was happening) by opening up pre-orders for whatever this game was going to be but they decided not to. Then they bailed on Planetary Annihilation before delivering on what they promised. If they are surprised by this reaction of not getting the funding for their new project they really misjudge their customers. I'm amazed that they even had the balls to try and kickstart another project.