TechShop Announces Chapter 7 Bankruptcy; Closes All Locations
ewhac writes: To the shock and dismay of many, TechShop today announced the immediate closure of all of its U.S. locations and is entering Chapter 7 bankruptcy proceedings. Their homepage has been replaced with a PDF relating TechShop's history, and detailing the circumstances leading to shutting down the company. First launched ten years ago, TechShop was one of the first "shared maker spaces," a members-only machine and work shop where tinkerers, makers, inventors, and innovators were able to prototype their ideas, launch products, or even just fix their own stuff. Its closing will be a huge loss to the tech and maker communities.
It was a great idea but they made you take a class to touch just about every tool so for makers like me with a decade or more of experience it was never really an option. It would have taken me months and hundreds of dollars just to get certified on all the tools I already use and own.
I am *so* glad I didn't buy a membership a year ago when they were trying to raise funds for moving the San Jose shop.
It couldn't possibly be that it was a stupid, pointless, unworkable idea.
It may have been financially unworkable, but it was neither stupid nor pointless. I was a member for years, and used it for plenty of prototyping projects. They had CNC machine tools, laser cutters, welding equipment, a full woodworking ship, 3D printers, and even sewing machines (for "welding with cloth").
They always seemed pretty busy, so I am not sure why they failed. I am sorry to see them go. This could have a detrimental effect on the local economies, since a lot of members were working on startup ideas.
The only drawback for me was the age limit. Much of the equipment had a minimum age of 18, so my kids couldn't come with me to work on their own projects.