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Formlabs acquires Micronics
(techcrunch.com)
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this post was submitted on 11 Jul 2024
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Selling out this quick to a company obviously trying to reduce competition, feels like they weren't all that committed to the cause.
They were in a very tough position, their printer was having major quality control issues, I think they probably needed money.
I have an Ender 3, it works much better than this printer. Watch Strange Parts on YouTube, he was sent a review printer and couldn't get it to print despite being on call with the inventor/CEO himself for hours to debug it. Also, Ender 3 had a fire risk with the bed power/PSU connector too.
From the CEOs perspective, doing this he can at least get the Kickstarter backers their money back since they likely couldn't get the printer to a good state given all the issues.
Agreed, and don't forget how important it is how much cheaper skilled labor is in China.
SLS4All has an entire machine kit for $7,000
https://sls4all.com/store/inova-mk1-parts-set-del-oct24/
It’s no $4,000. But it’s open source, so a potential candidate for Chinese derivatives and a race to the bottom like we saw with the Ender3.
Every man has his price at which he'll abandon any cause. Running a business is hard -- It's a big gamble and full of costs and expenses, you have to warranty the crap you make, source parts, fight with vendors, the whole lot. It's a pain in the ass. But taking a big cash payout is easy.
I'll bet these guys had student loans. And I'll bet you they don't anymore.