MATRIXSYNTH: New Elka Synthex Cancelled Due to Lack of Funding


Monday, June 15, 2015

New Elka Synthex Cancelled Due to Lack of Funding


"THE ELKA SYNTHEX CAMPAIGN ON INDIEGOGO HAS NOW ENDED. WE'RE SADDENED THAT WE DID NOT REACH THE FUNDING TARGET.

THIS UNFORTUNATELY MEANS THAT ELKA SYNTHEX WILL NOT BE COMING BACK AFTER ALL. WE THANK EVERYONE WHO CONTRIBUTED AND SUPPORTED US.

ALL CONTRIBUTIONS HAVE BEEN REFUNDED. CONTRIBUTORS WILL RECEIVE THESE REFUNDS IN THEIR PAYPAL ACCOUNT, OR ISSUING CREDIT CARD (WITHIN 5 DAYS). IF YOU HAVE ANY FUTHER QUESTIONS ABOUT THE REFUND PROCESS PLEASE CONTACT INDIEGOGO.

IT WOULD HAVE BEEN COOL TO BRING ELKA SYNTHEX BACK."

The campaign goal was $414,000. It is currently closed and at $0. Curious what it got up to before closing. If you know, let us know. Also curious what will happen to http://bringelkaback.com.

Update: There is still the digital Synthex 2 from original Synthex creator, Mario Maggi, in the works.

2 comments:

  1. Somewhere, Mario is chuckling...

    ReplyDelete
  2. This campaign sat at $116,500 for a long time, I doubt it exceeded that figure close to end.

    Hopefully this serves as a lesson those seeking crowd funding in the future: Have your shit together before even considering a campaign. If you don't have a prototype and a clear plan of what/how you are doing, I will not send you money. Also, if you can't handle building a campaign correctly (the whole flex funding thing, especially), or having clear ownership over the rights you say you have, it seems unlikely you will be able to produce a premium synthesizer. Saying you can put together this thing from scratch with no plan/staff/equipment in 6 months seems…um…ambitious. I'm no engineer but I reckon that this process is much more complicated than Legos. I understand tech people are not always marketing people, that's okay. Hire a marketing company to manage your campaign if you need big bucks. Otherwise you'll look very amateur.


    Better luck next time.

    ReplyDelete

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