Tagged: failure

Pirate3D Tells Supporters it Needs More Money as Most Backers Have Never Received their Buccaneer

Pirate3D has officially walked away from The Buccaneer printer project (for now). The 3D printing device first appeared on Kickstarter in 2013 and quickly gained nearly $1.5 million from 3,520 backers setting the pace for multiple 3D printer projects to follow. Estimated delivery for early backers?  February… Read More

Transparency Counts: SyndicateRoom Talks About First Funded Company Failure

SyndicateRoom, one of the leading equity crowdfunding platforms in the UK, has revealed it has experienced its first company failure.  Soshi Games, which raised £285,000 in January 2014, recently entered into the liquidation process as the company has filed for bankruptcy. Investing in early stage companies… Read More

Where are they Now? Sigmo Fails to Talk & Understand

It is enlightening to go back and review some past crowdfunding campaigns that generated excitement, captured backer interest, and then unfortunately fail to deliver.  This happens all too frequently in rewards based crowdfunding. A highly marketed product with promising features turns to vapor as project… Read More

Report: Creators of “World’s Thinnest Watch” CST-01 Botch Production; Tells Kickstarter Backers They Are Out of Luck

Way back in January 2013, Chicago-based startup Central Standard Timing launched a Kickstarter campaign for the CST-01 described as the “the world’s thinnest watch.” The cool looking mock ups, even with no production prototype, wooed many to support this project. The flexible cuff watch was said to be 0.8 mm thick and using… Read More

Startup Grind: Fail to Succeed in Silicon Valley

“Nobody wants to fail,” said the chief executive and founder of Fail Forward, Ashley Good, in a New York Times story on failure in Silicon Valley, published last fall. “It’s awful. You will never hear me say to celebrate failure.” But, Good, added, “failing intelligently is an increasingly… Read More

Danae Ringelmann Talks Indiegogo: We’ve Made Failure More Efficient

Sharing some details about global crowdfunding giant, Indiegogo, Danae Ringelmann discussed what the platform has done in the past, where its going and the failures she has seen. According to CNET, during an interview at the Web Summit Tech Conference last week, Ringelmann discussed how… Read More

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