The Biggest News in High-End Audio?
I believe that this is a really big deal. Nouveau business model meets “old World” market. LH is also canny to be riding the headphones wave. The title of the CES presentation is bold – How Indiegogo Will Help Save an Old Dying Industry – is a stretch for me (but not insanely so).
LH Labs’ 2014 CES Panel Discussion Takes Place on Heels of $1.1 Million Dollar Indiegogo Campaign
Indiegogo Director of Design and Technology along with High-Performance Audio Experts will Discuss How Crowdfunding Can Help The Dying Audio Industry
December 30, 2014-Sacramento, CA – LH Labs will be holding a press conference at the 2014 International CES discussing how non-traditional marketing, using crowdfunding and crowd- designing, has helped the high-performance audio manufacturer raise nearly 1.5 million dollars in five months.
LH Labs’ second crowd-funding campaign, running since October 28 on Indiegogo, raised $1,174,075 from 6,340 backers of Geek Pulse, a desktop digital-to-analog converter (DAC)/ headphone amplifier. The campaign was the 6th most-funded campaign in Indiegogo’s history.
Light Harmonic, known for industry-leading audio products such as the $31,000 Da Vinci Dual DAC, established LH Labs to offer mainstream-market audio products of exceptional performance and value. LH Labs’ first offering was Geek Out, a $299 portable USB
DAC/headphone amp introduced on crowd-funding site Kickstarter, where it raised over $303,000 from 2146 backers. LH Labs will debut Geek Out at the 2014 International CES in the iLounge Pavilion. <snip>