I expect that ownership equals zero when it comes to a rebirth. But will watch with interest.
Voluntary extension of goodwill is what is needed.
First rule of negotiation is not to overplay your hand; customers, growth and a future is what the new vehicle will need.
From the 3 bankrupt former employers (2 while I was employee and one after I left) it seems the communication is often around ”this really promising thing is really gonna give the business a big boost” and often gets indirect blame for the bankruptcy. What really has happened though is that the company was in such bad state they needed a huge thing to land properly to save it, and there’s just too much pressure on that going well for it to actually go well
May i present another scenario from my own observations.
It is seldom a single thing but instead a whole cascading set of events, that may have little to do with a businesses basic long term fundamentals, and then some final thing happens ( much detail left out here ) and the rug gets pulled.
Aodyo had been in business a long time, with successful selling products, good productive employees, a positive business plan, and the ability to make things happen.
With even a small change of events they are still in business, and i have an Omega on my desk.
We are where we are – i can delete this post and nothing much has changed.
I invested £350 for the 3-octave loom. If I only got 10% off, I’d have to pay another £320 which would price me out entirely as I couldn’t possibly justify nearly £700 for a controller…
Well, to be fair, we didn’t buy anything, we invested in a development project which failed. The fact we feel they were less than honest about progress aside, it’s wrong to say you bought something as that’s not how crowdfunding works…
Yes you’re perfectly correct, Intook the perks to be granted, which wasnt the case at all. Hope they can do something that can value the investors in that previous life of aodyo.