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.
No headphones for you!
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Pyrrho
- Posts: 27890
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No headphones for you!
https://techcrunch.com/2018/05/20/after ... isappears/
The flash of light you saw in the sky was not a UFO. Swamp gas from a weather balloon was trapped in a thermal pocket and reflected the light from Venus.
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Anaxagoras
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Re: No headphones for you!
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.
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.
A fool thinks himself to be wise, but a wise man knows himself to be a fool.
William Shakespeare
William Shakespeare
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Abdul Alhazred
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- Title: Yes, that one.
- Location: Chicago
Re: No headphones for you!
As far as I can see, it already does have a bad reputation.Anaxagoras wrote:Crowdfunding itself could get a bad reputation.
"If I turn in a sicko, will I get a reward?"-- our mission statement plappendale
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sparks
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Re: No headphones for you!
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/
Fuck. I only need 5 mil.
http://www.hylasyachtsusa.com/
You can lead them to knowledge, but you can't make them think.
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Rob Lister
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Re: No headphones for you!
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.Anaxagoras wrote:This is why I'm skeptical of crowdfunding.
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Fid
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Re: No headphones for you!
Bro, you're gonna need puke buckets about every two feet. Beautiful boat but they do roll and yaw a bit.sparks wrote: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/
"Try SCE to AUX."
Yeah, me and an electrified atmosphere ain't friends.
Yeah, me and an electrified atmosphere ain't friends.
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sparks
- Posts: 15243
- Joined: Fri Oct 26, 2007 4:13 pm
- Location: Friar McWallclocks Bar -- Where time stands still while you lean over!
Re: No headphones for you!
Yea, I rather like that. Spent a lot of time on boats, never been sea-sick.
There's always a first time.
There's always a first time.
You can lead them to knowledge, but you can't make them think.