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Meyer Optik KickStarter goes KABOOM
Old 10-18-2018   #1
CameraQuest
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Meyer Optik KickStarter goes KABOOM

Belly up time, deposits gone

https://petapixel.com/2018/10/17/if-...money-is-gone/
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Old 10-18-2018   #2
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It's not just Meyer Optik. C.P. Goerz, Ihagee, Emil Busch, Oprema Jena, and Schacht are all gone, and more than one crowdfunded project won't be delivering or returning pledges since Net SE's sinking.

More here: https://www.dpreview.com/news/996318...-or-money-back
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Old 10-18-2018   #3
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I'm far more suspicious of "companies" running kickstarters than I am of amateurs. I can understand an amateur or independent craftsman needing to secure backing through kickstarter. But a company? Puts up red flags for me. I've backed a lot of independent projects, and never once had one fail to deliver (although a couple ended up underwhelming, but at least I got something).
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Old 10-18-2018   #4
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Some companies use Kickstarter as a marketing tool. That part doesn't set off too many red flags for me.

The messy part is when people start thinking of Kickstarter as a marketplace rather then gifting seed money to someone. It's always a gamble. I tend to only put money in that I'm comfortable losing. Lens prices are well above that threshold. I'd rather pay a premium later if they come to market, knowing that I'm guaranteed to get something for the money.

Sorry to all those who lost out here. :/ That's a tough one.
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Old 10-18-2018   #5
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The biggest problem with this is the fact they bought up all those company names. Now all of them will be forever tainted with the stench of this scandal, likely never to be brought back again.


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Old 10-18-2018   #6
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I was naive enough to back the Reflex 35mm SLR kickstarter, and that one too seems like a scam now..
https://www.kickstarter.com/projects...amera/comments

It seems like Kickstarter is a good place for dishonest types to hype bogus projects to raise some cash and then disappear. The Kickstarter forum unfortunately gives an aura of legitimacy to these projects.
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Old 10-18-2018   #7
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In the meantime the folks who own Kickstarter are kicking it back at ranch. Wish I would have thought of that.
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Old 10-18-2018   #8
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I feel sorry for those that have lost money, but I hope the company is investigated as it looked like they were launching one after another while they still had not delivered on previous orders.
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Old 10-18-2018   #9
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It looks like it was basically a ponzi scheme. Maybe it didn't start out that way, but defaulted into it? You could almost say the same about Tesla and Elon Musk......a car company that makes cars which get rave reviews, has investors pouring money into it, but has yet to make anything even vaguely resembling a profit. Very strange.

I have no idea why people get involved in kickstarter projects. There are soooooo many great cameras and lenses already out there in the used market that it does not make sense on any level to me. There are plenty of very good repair people to keep those golden oldie cameras and lenses working too.
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Old 10-18-2018   #10
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Dr.Immes, the founder of Meyer-Görlitz, had a heavy road accident. It is currently unclear if and when he can return back to work. Dr.Jüchser, the liquidator of Meyer-Görlitz SE, is trying to continue the business.

https://www.kickstarter.com/projects.../posts/2256858
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Old 10-18-2018   #11
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Quote:
Originally Posted by Steve M. View Post
It looks like it was basically a ponzi scheme. .
nothing to do with a ponzi scheme, its about time we call things as they are: a "kickstarter scheme"
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Old 10-19-2018   #12
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Or "kickstarter scam".
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Old 10-19-2018   #13
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Quote:
Originally Posted by farlymac View Post
The biggest problem with this is the fact they bought up all those company names. Now all of them will be forever tainted with the stench of this scandal, likely never to be brought back again.

PF
It was funny and sad that back then Contax people looked down upon CONTAX people.

Quote:
Originally Posted by Huss View Post
I was naive enough to back the Reflex 35mm SLR kickstarter, and that one too seems like a scam now..
https://www.kickstarter.com/projects...amera/comments

It seems like Kickstarter is a good place for dishonest types to hype bogus projects to raise some cash and then disappear. The Kickstarter forum unfortunately gives an aura of legitimacy to these projects.
The Reflex KS has shown a lot of drawings and blue prints of not so important parts of the camera but there was not a single image showing how the shutter look like or what kind of shutter it will be equipped with. I guess it is quite difficult to find someone making shutters for a small batch of mechanical camera these days, which is seemingly easy to be ignored by backers but the fatal part of the project. Well let's hope it delivers.

I've backed a few projects and most of them delivered quality products, so I'm quite happy with KS. But none of them are within the field of photographic equipment.
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Old 10-19-2018   #14
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Quote:
Originally Posted by farlymac View Post
The biggest problem with this is the fact they bought up all those company names. Now all of them will be forever tainted with the stench of this scandal, likely never to be brought back again.

PF
I guess they could sell them but they are only names.

Regards, David
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Old 10-19-2018   #15
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I have a project to launch on Kickstarter. It's a way to turn any digital camera into a film camera, using a module called the F-Sensor. Simply by attaching an unobtrusive box to the back of any digital camera, you can load a roll of film and have the best of both worlds: all the bells and whistles of digital and romance of film. Who's in???
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Old 10-19-2018   #16
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Quote:
Originally Posted by Lavertezzo View Post
Dr.Immes, the founder of Meyer-Görlitz, had a heavy road accident. It is currently unclear if and when he can return back to work. Dr.Jüchser, the liquidator of Meyer-Görlitz SE, is trying to continue the business.

https://www.kickstarter.com/projects.../posts/2256858
Old news but that's quite a well timed accident.
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Old 10-19-2018   #17
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Quote:
Originally Posted by nukecoke View Post
It was funny and sad that back then Contax people looked down upon CONTAX people.
For "Contax people", I think there wasn't a nostalgia factor for them to follow. It was a whole new system, incorporating another brand's lens mount, and sharing some internals.

Me, I don't care. I own both.

Which brings to mind what is really driving a lot of these Kickstarter projects, and that is reviving some company name for an initial surge of interest in the campaign, hoping it will generate even more interest in those who've never known much about the original company, but don't want to miss out on a trend.

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