No headphones for you!

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No headphones for you!

Postby Pyrrho » Sun May 20, 2018 9:35 pm ... isappears/

After taking tens of thousands of crowd-funding pre-orders for a high-end pair of “3D sound” headphones, audio startup Ossic announced this weekend that it is shutting down the company and backers will not be receiving refunds.

The company raised $2.7 million on Kickstarter and $3.2 million on Indiegogo for their Ossic X headphones which they pitched as a pair of high-end head-tracking headphones that would be perfect for listening to 3D audio, especially in a VR environment. While the company also raised a “substantial seed investment,” in a letter on the Ossic website, the company blamed the slow adoption of virtual reality alongside their crowdfunding campaign stretch goals which bogged down their R&D team.
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Re: No headphones for you!

Postby Anaxagoras » Sun May 20, 2018 10:13 pm

This is why I'm skeptical of crowdfunding.

If stuff like this keeps happening, maybe people will get a clue, and be more skeptical of this sort of thing. Crowdfunding itself could get a bad reputation.
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Re: No headphones for you!

Postby Abdul Alhazred » Sun May 20, 2018 10:19 pm

Anaxagoras wrote:Crowdfunding itself could get a bad reputation.

As far as I can see, it already does have a bad reputation.
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Re: No headphones for you!

Postby sparks » Tue Jun 12, 2018 10:02 pm

So I guess then that crowdfunding my new yacht is not going to work for me...

Fuck. I only need 5 mil.
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Re: No headphones for you!

Postby Rob Lister » Tue Jun 12, 2018 10:13 pm

Anaxagoras wrote:This is why I'm skeptical of crowdfunding.

Really? This? Just this? I don't fucking get why anyone donates. Has anyone ever profited by 'donating' to a crowdfunding venture? Even the best [sounding] deal is a raw deal.

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