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I backed the #eGryphon portable RTX eGPU on @Kickstarter (promoted by #KickstarterPledges aka #BackerPledge and #PledgeBox) — initially 2 units, then several more specifically to help the project close its funding shortfall. But the Aug 18 backers update #21 https://t.co/SOwhVlFZyD is concerning enough that I think it deserves some daylight.
eGryphon says its manufacturer has now refused to proceed with production, arguing that an earlier missed payment deadline invalidated their agreement.
According to eGryphon, the manufacturer may return the most recent payment while attempting to retain earlier deposits/payments. eGryphon is now considering legal action, emergency financing, moving production elsewhere — or winding the project down and refunding whatever funds remain.
None of this proves #fraud.
But it does mean the project has moved well beyond an ordinary Kickstarter delay.
The central question now is very simple:
Where are the money and the hardware?
Backers need a redacted but auditable account of: — payments made to the manufacturer; — money currently recoverable; — ownership/location of GPUs and other components; — existing inventory; — the relevant contract/payment deadlines; — remaining eGryphon cash; — capital required to restart production elsewhere.
One line in the update is particularly troubling: if the project is wound down, eGryphon says refunds would give priority to “supportive positive backers.” I could be considered as "positive" or not - but that needs immediate clarification. Refund treatment should obviously not depend on whether a backer publicly supported or criticised the creator.
I still hope the manufacturer dispute is exactly what eGryphon says it is and that the product gets made.
But at this stage transparency is more valuable than another promise or revised shipping date.
Show the paper trail.
Still waiting and waiting… looks like I’ll never get + the #eGryphon eGPU, #MeetFRIDAY NAS by #Ainest, and #KeyGo Gen2 Pro, - from @Kickstarter :(
#KickstarterPledges aka #BackerPledge
#PledgeBox
Still waiting and waiting… looks like I’ll never get + the #eGryphon eGPU, #MeetFRIDAY NAS by #Ainest, and #KeyGo Gen2 Pro, - from @Kickstarter :(
#KickstarterPledges aka #BackerPledge
#PledgeBox
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