Slashdot Mirror

← Back to Stories (view on slashdot.org)

Hello's Sleep-tracking Kickstarter Hit, Which Raised Over $42M In Three Years, Collapses (bbc.com)

Posted by msmash on from the collapse dept.

Reader AmiMoJo writes: A sleep-tracking tech start-up founded by a Briton, which was one of Kickstarter's biggest success stories, has collapsed. Hello raised more than $2.4m (1.9m pound) for its Sense bedroom monitor via the crowdfunding site in 2014, and went on to attract a further $40.5m. Private backers included Singapore's sovereign wealth fund Temasek and Facebook Messenger chief David Marcus. Hello confirmed it would "soon be shutting down", via Medium's news site. The equipment produced a unique score for the previous night's sleep and aimed to wake the owner up at the best point in their sleep cycle.

5 of 100 comments (clear)

  1. New Opertunity For Those With Balls! by Frosty+Piss · · Score: 4, Funny

    I am taking this time as the First Post, to let all the cutting edge Slashdotters in on my upcoming Kickstarter campaign that will leverage the great advances in pneumatic computing with the synergy of large atomic colliders the synergize time travel technology with malt liquor and cocaine. Please join me at Kickstarter to Kickoff this mind-blowing opportunity for me to own one hell of a fast cigarette boat tied up soon-to-be headquarters in Miami, Florida. This canâ(TM)t fail, all development will be done on swanky super thin solid titanium laptops designed in Palo Alto. There will also be free Throwback Mountain Dew, and foos ball tables and lots of drug-fueld group sex.

    --
    If you want news from today, you have to come back tomorrow.
  2. milli by Rick+Schumann · · Score: 4, Funny

    $2.4m (1.9m pound)

    So, 0.0024USD, and 0.0019 Pounds? No wonder it failed, you can't buy anything with less than a penny!

    1. Re: milli by CrimsonAvenger · · Score: 3, Informative

      the project would of been a success.

      Try "would've". Or "would have".

      --

      "I do not agree with what you say, but I will defend to the death your right to say it"
  3. What has the world become by war4peace · · Score: 4, Insightful

    This amazes me.
    Apps that tell us when to drink water, devices that track our sleep, measure our heart rate, tell us when to pee, poop and have orgasms*, what the fuck is going on?
    use all those apps and devices and instead of dying at 50 because you smoked, drank and partied too much, you'll die at 50 of boredom.

    Live a little, for fuck's sake.

    (*) some of those are not yet available, but just wait a few years

    --
    ...gis sdrawkcab (usually not responding to ACs; don't bother posting as AC)
  4. Wow! A crowdfunding project that failed?!?! by kaizendojo · · Score: 4, Informative

    It's more newsworthy when one actually succeeds. I've been in 5; one of which was the fabled Kreyos Smart Watch massacre (which I recently found when cleaning up and promptly threw away), two which were DOA and got cancelled before production (at least I got my money back), one which turned out to be a repacked speaker from a Chinese company (for twice the price). The last debacle was the Qube Smart Lights which are over a year late and new lies everyday. Never again. I see "crowdfund" in an article and I don't even click anymore.