Panono continues to be a shining example of everything that can go wrong with crowdfunding. After raising $1.25 million, going bankrupt, and failing to deliver its product to most backers, supporters of the campaign are now being offered a second chance to receive the 360-degree camera they already paid $500 for — by paying another $1,100 more.
Last we heard from Panono, its assets had been scooped up by an investment company named the Bryanston Group and put inside a holding company named Professional360. At the time, the Bryanston Group said it felt “morally obliged” to do something for the Panono backers who never received their camera, which made it sound like the company might make and ship units out or offer refunds.
But it turns...
from
https://www.theverge.com/circuitbreaker/2017/12/19/16794942/panono-camera-crowdfunding-terrible-offer
from
http://ifeeltechinc.blogspot.com/2017/12/crowdfunding-backers-given-second.html
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