this post was submitted on 13 Jul 2023
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Mildly Infuriating

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Philips has a net worth in the billions, $20.67 billion as of July 12, 2023. (Source link) Yet they decided to create a kickstarter, charging "early bird" buyers these earphones that's designed for wearing while sleeping, basically the same as any other earphones, just slimmed down and cables running around your head.

What's infuriating is that there's dumbasses who actually gave them money to make a product ($500k ~~million~~ in total), so Philips is most likely not taking any risk making this, but will enjoy the profits.

The kickstarter - https://www.kickstarter.com/projects/kokoon/sleep-headphones/posts

I thought the whole point of a kickstarter was people with a product, but lacking the funds to get the project actually going getting a kick start to get going.... Not for billion dollar companies to beg for cash.

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[–] ech@lemm.ee 23 points 1 year ago (2 children)

Where are you getting $500 million? This drive is only up to about $650k usd.

[–] Selmafudd@lemmy.world 14 points 1 year ago

Never let facts get in the way of a good story - Isaac Newton

[–] Savas@lemmy.world 6 points 1 year ago

Oops, corrected, thanks. Was thinking half a million, ended up typing 500 and then a million.