3D Headphones Startup Shutters, Leaving Backers Empty-Handed and Hundreds of Dollars Poorer

https://gizmodo.com/3d-headphones-startup-shutters-leaving-backers-empty-h-1826192178

https://techcrunch.com/2018/05/20/after-tens-of-thousands-of-pre-orders-high-end-3d-headphones-startup-ossic-disappears/

The $200.00 disappearing act.

They had more than 22,000 preorders.

 

 

Edited May 21, 20188 yr by eggil

This stuff has happened before. https://domaingang.com/domain-news/soundfocus-to-file-for-bankruptcy-amp-audio-device-ditched/

I backed this project when it was heavily advertised. Safe to say I won't be backing any company no more.

Unless they introduce new laws to protect the consumers.

The supporters of the Realiser A16 are still waiting.............................. and waiting..........................  and waiting......

 

And, that's just for news updates on how things are progressing.........

It's almost like investing in something you know nothing about (other than you kinda like their style) where said investment confers no equity ownership or oversight rights or even basic contractual liability ... could have some potential downsides?

Possibly........

i'm sure kickstarter and other similar crowd funding sites could offer a 3rd party insurance to buyers? 

Kickstarter has made some moves to try and curb this as they demand functioning prototypes but it is in no way a sure thing.  Indigogo is just the home of scammers with too many to list.