No headphones for you!

[Pyrrho]

https://techcrunch.com/2018/05/20/after ... 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.

[Anaxagoras]

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.

[sparks]

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

Fuck. I only need 5 mil.

http://www.hylasyachtsusa.com/

[Rob Lister]

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.

[Fid]

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

Fuck. I only need 5 mil.

http://www.hylasyachtsusa.com/

Bro, you're gonna need puke buckets about every two feet. Beautiful boat but they do roll and yaw a bit.

[sparks]

Yea, I rather like that. Spent a lot of time on boats, never been sea-sick.

There's always a first time. :BlowChunks: