top | item 15707882

TechShop shuts down all U.S. locations, declares bankruptcy

6 points| altstar | 8 years ago |techcrunch.com

2 comments

order
[+] mindcrime|8 years ago|reply
Mondo lame. :-(

That said, I can't help but wonder "what the heck happened" since this seems - to me - to be such an obviously good idea. Was TS just mis-managed, or is there actually something fundamentally wrong with the business model?

I am a member of a non-profit makerspace which has been growing steadily over the years, and we have observed that most - if not all - of the "for profit makerspace" type ventures in our area have failed. But is there some fundamental reason why? I'm not sure anybody can really say right now.

[+] mattbillenstein|8 years ago|reply
That's a bummer -- it's something that should definitely exist, but it seems really hard (impossible?) to figure out a price that works I would guess.