Certainly sucks that directors close one business and switch everything over to the next.A nice smooth quick flip. Eliminate creditors. Take assets.
Own the original jambox and big jambox and love them both. They had a lot of potential with the speakers.
Yes, right from the playbook of GM.
There’s something ridiculous about a CEO who left his customers high and dry with no service or even the courtesy of returned messages being in charge of any company handling health products. Perhaps he will be successful catering to the consumer that pays to have fix-a-flat used for plastic surgery in a residential garage. I’d sooner buy from Theranos.
That's why you calculate in the risk of you losing your job before you "buy" something you cannot really afford.that is unfortunate that some people will lose their jobs.
these people may have mortgages or rents that may pose difficulty on their lives.
The cheap ones are usually non-refundable. That's one of the reasons why they're so cheap.Perhaps now they will have to cancel a planned vacation.
Maybe not as most plane tickets are non refundable.
That's why you calculate in the risk of you losing your job before you "buy" something you cannot really afford.
Especially if you work in a tech startup, where the risk of failure is not just theoretical.
The cheap ones are usually non-refundable. That's one of the reasons why they're so cheap.
Again, you have a choice. Buy the more expensive ones and get some kind of "insurance" with it or buy the cheaper ones and bear the risks.
I had one of their very first series headphones (just "Jawbone" because they didn't have any other products), and quickly replaced the stock earpiece with a replacement earpiece for some entirely unrelated headset, that I ordered based on recommendations from the internet. That made it fit well and stay in place (compared to the stock one). The sound quality, at the time, was groundbreaking - suddenly I could talk to people from inside a noisy car, and they could hear me loud and clear. The battery life wasn't much of a problem for me because I didn't use it extensively (didn't talk from the car a lot, but when I did it was usually important). It fell out of favor (with me) when I got a car that had built-in bluetooth with decent call quality.
Sorry to see them go, if only because they did do something kind of revolutionary once.
In May of last year, speaker and fitness tracker company Jawbone ended production of its fitness trackers and started seeking a buyer for its speaker business, leading to speculation that the company was going out of business.
Jawbone denied claims that it was shutting down and planned to pivot to medical products for direct sale to clinical practitioners, but that may not have panned out, as The Information reports that the business is officially shutting down.
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Jawbone has reportedly started liquidation proceedings and notices have been sent out to its creditors.
Jawbone co-founder and CEO Hosain Rahman has moved on to a new company called Jawbone Health Hub that is designed to make "health-related hardware and software services." Many existing Jawbone employees have already transitioned to the new company.
Jawbone Health will reportedly service existing Jawbone products, which may allow existing Jawbone customers to get help with their devices. Jawbone has been ignoring customer service requests for several months, making customers unhappy. Starting in January, Jawbone customers were unable to contact Jawbone support and did not receive responses to service requests for faulty products.
Article Link: Jawbone Going Out of Business as CEO Moves on to New 'Jawbone Health Hub' Startup