Headphone company Ossic announced Saturday it was shutting down, having delivered just 250 of the 10,000 pairs of virtual reality headphones that its backers had crowdfunded. David Becker/Getty Images hide caption toggle caption David Becker/Getty Images The Two-Way Crowdfunders Left Hanging By 3D Headphone Startup's Abrupt Closure May 21, 2018 "To fail at the five-yard line is a tragedy," the company said in a statement. More than 10,000 people had shelled out $200 or more for Ossic X headphones on Kickstarter and Indiegogo.
iStockphoto Business States Tout Crowdfunding As The Future Of Private Investment April 6, 2015 Many states want to boost their economies through business startups. But outside of Silicon Valley, funding for private investors is hard to get. States are giving equity crowdfunding more attention. States Tout Crowdfunding As The Future Of Private Investment Listen · 3:31 3:31 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/397268770/397774837" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
States Tout Crowdfunding As The Future Of Private Investment Listen · 3:31 3:31 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/397268770/397774837" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript