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I know there are crowd funded projects that are questionable, to be sure. Light Harmonic has certainly heard their share of criticism, deserved or not. But this one is even more provocative, in my opinion...
Crowd funding to help you move your (many year, established) audio store because you lost your lease? Really?
The public will speak. I am not sure what to think about this, which is why I posted it. But it begs the question...at this time, what CAN'T you try to crowd fund!?
I certainly don't want to lose another B&M store...
Steve
Follow Ups:
nt
What if every audio company does this?
It's beginning to happen. AIX did one. If too many do it, it will loose impact. It will be overcrowdfunding.
Peter Breuninger, Editor AVShowrooms
I think it's a way to plug the store move some product and gain funding for a move. If everything they had was one or two pieces and a huge variety of different product that would make more sense to me. Now I'm all for self promoting and as a startup I've have been thinking of ways to gain interest, but a store that has been around as long as they have with the following they say they have does put questions in my head of what they are really looking to accomplish. They could be the best guys in the industry, but have a moving sale that everything must go because we don't want to move it.
Lance
Yeah, I think $35 or whatever is pricey for a T-shirt, but in the upper ranges, they are as far as I can tell simply using crowdfunding to leverage publicity to move out a lot of demo stuff, some of which actually look like good demo-gear bargains, esp. the Ultrasone Edition headphones.
I don't have a prob. with any of that. They probably could get a bank loan, but then they'd still have to move all the demo gear. Looks like a win/win to me.
It's not as though they were asking people to go in as investors.
Disclosure: I have met those guys at audio shows but they have never bought me a ham sandwich and I have never been to their store.
JM
I don't know, I don't necessarily disagree with you. It just seems like the line between crowdfunding and just another retail outlet is blurring. But as I said, the public will speak!
Thanks for your thoughts, Steve
Don't bother to re-read my post, just drop the pettifogging.
JM
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