Tag Archives: crowd funding

Warning over crowd funded bike products

We warned riders about supporting the crowd-funding campaign for RiderBuds earphones after customers had still not received products almost a year after the promised delivery date.

However, two customers in Holland and Canada have now contacted us to say they have finally received their RiderBuds and are happy with their performance.

We are satisfied they are legitimate customers and not linked with the RiderBuds company. 

Originally company founder Maurice Dziubinski corresponded with us and even promised a review set. However, over the past year he has stopped replying to our frequent emails requesting updates on delivery.

That, plus the many comments from disappointed customers, made us understandably wary of this product. Riderbuds earphones

Dutch customer Stephan says he ordered them on 22 February 2019 and was hoping they would be shipped during May 2019 as promised in the Indiegogo campaign launched in November 2018.

I eventually received the RiderBuds on 25 March 2020, which is 13 months after I ordered them and 10 months late on their initial planning,” he says.

“I have to say, after they failed to deliver in May and the updates we received got less frequent, I started thinking I might have contributed to another scam on Indiegogo.

When Maurice told us that 84% of top crowd funding projects are shipped late – often as much as one year late – I started to suspect things were not as they seemed. At that point I had completely given up on the product,” says Stephan who was caught by a crowd-funding product scam.

“I started to check the updates once every few months and when COVID-19 hit around the end of 2019 I thought that he had found the perfect excuse to delay delivery even further. Fortunately I was wrong and I actually received the product, which turns out to be great!”

Stephan displays his RiderBuds in front of the computer screen showing our original articleStephan displays his RiderBuds in front of the computer screen showing our original article

He says he has used in-helmet speakers prior before that were “terrible”.

“I have a full face helmet and they do not have cut-outs for in helmet speakers, so my ears got sore,” he says.

“I tried using in-ear earbuds and they were even worse; dislodging, discomfort. So when I spotted RiderBuds I was sold.”

Our original article said the earphones ($US199, $A275, €175, £150) were claimed to be the smallest, softest, toughest, quietest and most secure earphones for riders.

They claimed they can’t be dislodged when putting on a helmet or pulling it off like most other earphones.,

The cable connections are also supposed to be tougher and won’t fray or break with rough use; even if you pull them out by the cable.

Crowd funding warning

Like other previews of prospective motorcycle products, we included a warning to our readers that supporting a crowd-funding campaign for a product not yet manufactured is not without risk.

Kickstarter and Indiegogo do not offer refunds to supporters who pledge money for products that either fail to reach their goal or do reach their goal and then fail through fraud.

The latter was the case with the infamous Skully head-up display helmet where the founders blew $US2.4m in supporters’ money on fast cars and women!

Unless a crowd-funding campaign specifically mentions a refund, supporters are advised they will have to contact the campaigner to get their money back.

They are also notoriously late with delivery as has been experienced with RiderBuds.

Maurice told us on the launch of his campaign that he spent hundreds of hours testing the earphones, talked with more than 1000 riders around the world and had a few dozen Beta testers, including in Australia and New Zealand.

His crowd-funding campaign was fully subscribed in three hours, 200% in 12 hours and raised $A164,255 from 688 backers within a month.

The campaign page is still live and has now amassed more than $A220,000 from 885 backers.

We are surprised Indiegogo did not suspend the page and stop taking money after many complaints on the page from potential customers.

One comment came from a customer who suggested Maurice had moved from Hong Kong to Vietnam because of the COVID-19 outbreak and was getting the production sorted out.

The comments have now been deleted and replaced by “testimonials”.

Source: MotorbikeWriter.com

Warning on potential RiderBuds fraud

Riders are warned not to support the crowd-funding campaign for RiderBuds earphones nor to buy them because of a suspected fraud.

The campaign launched in November 2018 but the earphones have still not been delivered to many customers.

We published an article that month ($US199, $A275, €175, £150) that said they were claimed to be the smallest, softest, toughest, quietest and most secure earphones for riders.

Like other previews of prospective motorcycle products, we included a warning to our readers that supporting a crowd-funding campaign for a product not yet manufactured is not without risk.

Kickstarter and Indiegogo do not offer refunds to supporters who pledge money for products that either fail to reach their goal or do reach their goal and then fail through fraud.

The latter was the case with the infamous Skully head-up display helmet where the founders blew $US2.4m in supporters’ money on fast cars and women!

Unless a crowd-funding campaign specifically mentions a refund, supporters are advised they will have to contact the campaigner to get their money back.

RiderBuds ‘fraud’ warning

Riderbuds earphones

In the case of RiderBuds, many customers have complained on the campaign page that the product has still not delivered despite the delivery deadline of May 2019.

They also claim Indiegogo and the founder are not responding to emails.

We contacted Indiegogo and RiderBuds founder Maurice Dziubinski for comment and but have also received no reply.

Maurice told us on the launch of the campaign he spent hundreds of hours testing the earphones, talked with more than 1000 riders around the world and had a few dozen Beta testers, including in Australia and New Zealand.

His crowd-funding campaign was fully subscribed in three hours, 200% in 12 hours and raised $A164,255 from 688 backers within a month.

The campaign page is still live and has now amassed $A213,415 from 885 backers.

Indiegogo has a duty to remove or at least suspend the page and stop taking money when they have been alerted to potential fraud by several backers until it can be resolved.

The comments on the crowd-funding page seem to suggest Maurice of Poland is now living in Vietnam.

A reader who tested the prototype said it’s “a great product so I really hope they come through”.

“There have been delays for sure which has been frustrating but I don’t think he has any intention of ripping people off,” the tester said.

“He said he moved to Vietnam because of the COVID-19 outbreak; he was living in Hong Kong while he was getting the production etc sorted out.

“I’m not vouching for him in any way, just giving you some more info. I haven’t had any direct communication from months, but I didn’t expect any either. I think he underestimated the challenges of bringing a product to market!”

Source: MotorbikeWriter.com

Investor saves Norton Motorcycles

A single, anonymous investor has sunk £1m ($1.89m) into Norton Motorcycles after it launched a crowd-funding campaign to meet a £30 million order book for V4 and Atlas models.

Despite the investment, owner Stuart garner says he has not ruled out returning to the crowd-funding campaign at a later date.

“We were overwhelmed with interest from our loyal customers and fans during pre-registration, which has given us so much pride and confidence with what we’re doing here,” he said in a statement.

“We simply could not have done this without them.

Prince William Isle of Man TT
Stuart with Norton fan Prince William

“We know there has been a lot of excitement in people getting involved with Norton which is why we didn’t take this decision lightly and have decided to pause the campaign.

“We are thrilled that a single investor, who has been a long time rider and fan of Norton, has approached asking to help deliver our order book out to owners meaning we can accelerate the process earlier than expected.

“We will focus on this stage, as we want to get people riding our bikes, and will be keeping all those that registered up to date on how we’re doing and the next steps of Crowdcube.”

Stuart bought the Leicestershire company in 2008 and the Castle Donington factory now employs about 100 people and recently opened a new production line.

Earlier this week, it announced it would also produce the127kW supercharged Superlight SS off the Atlas platform.

Norton adds supercharged Superlight SS
Superlight SS

Last year Norton received £4m in UK government funding and a £20m deal with Japan to deliver an extra 1000 motorcycles worth £5m to Japanese riders over the next five years.

Norton values its business at £55 million.

Australian importer James Mutton of Brisbane Motorcycles says he has no concerns about the financial viability of the company and is expecting delivery of Atlas and V4 models next year.

Norton Commando 961 Sport Mk II James Mutton crowd
James Mutton

Norton Global Sales & Marketing boss Kay Johnson says they are on track with production.

“We are currently making Atlas chassis and other components ready for production/deliveries next month,” he told us last month.

“First customers have been advised and we look forward to deliveries shortly.”

Turbulent year

Norton Motorcycles in Beak St, London levis crowd
Norton Dominator on show in London

The short-lived funding plea followed a turbulent year for the 121-year-old British motorcycle manufacturer.

Earlier this year, Norton said there was “no cause for alarm” when a British notice that Norton be struck off the Register of Companies and dissolved after a late-filing notice.

Over recent months customers have complained that the V4 and some other models have not been delivered, despite deposits and even full payment being made.

One customer who paid for a V4 even started up a petition to wind-up the company in the Business and Property Courts in Manchester.

However, Kay says this was a dispute over several months with DHL that was resolved and the action dismissed by “mutual consent”.

“At no point was it ever about a motorcycle, it’s solely over import and export duty on components,” he says.

Source: MotorbikeWriter.com

Norton seeks crowd funding to meet orders

Norton Motorcycles is about to launch a crowd funding campaign to raise money to step up production as they struggle to fulfil a £30 million order book for V4 and Atlas models.

Crowd funding

The company is seeking £1 million ($1.89m) crowd funding through Crowdcube.

This is despite £4m in UK government funding last year and a £20m deal with Japan to deliver an extra 1000 motorcycles worth £5m to Japanese riders over the next five years.

Norton says the crowd-funding objective is to give global customers and bike enthusiasts a chance to become part of the heritage company, “profiting from its continued success”.

The offering page is not yet live, but you can register your interest in participating in the securities offering here. Shares start from £10 (about $A18.90).

Details of the securities offering, company valuation and current year financials will be made available when it goes live on Crowdcube.

Meanwhile, interest investors can review the most recent financials on Norton’s Companies House page .

Australian importer James Mutton of Brisbane Motorcycles told me he has no concerns about the financial viability of the company and is expecting delivery of Atlas and V4 models next year.

Norton Commando 961 Sport Mk II James Mutton crowd
James Mutton

Norton Global Sales & Marketing boss Kay Johnson says they are on track with production.

“We are currently making Atlas chassis and other components ready for production/deliveries next month,” he told us last month.

“First customers have been advised and we look forward to deliveries shortly.”

Turbulent year

Norton Motorcycles in Beak St, London levis crowd
Norton Dominator on show in London

The funding plea follows a turbulent year for the 121-year-old British motorcycle manufacturer.

Earlier this year, Norton said there was “no cause for alarm” when a British notice that Norton be struck off the Register of Companies and dissolved after a late-filing notice.

Over recent months customers have complained that the V4 and some other models have not been delivered, despite deposits and even full payment being made.

One customer who paid for a V4 even started up a petition to wind-up the company in the Business and Property Courts in Manchester.

However, Kay says this was a dispute over several months with DHL that was resolved and the action dismissed by “mutual consent”.

“At no point was it ever about a motorcycle, it’s solely over import and export duty on components,” he says.

Source: MotorbikeWriter.com

Bike SMS has second go at crowd funding

A French company which plans to produce LED signs for motorcycles and cars so riders and drivers can communicate with each other by SMS is having a second go at funding its product.

The idea is you use voice activation to dictate a written message to traffic which is displayed on an LED sign. It could be thanking them for leaving a gap, warning them of emergency braking or abusing them for cutting you off!

We announced the launch of their first Indiegogo crowd funding campaign in May 2018.

Drivers and riders obviously didn’t think much of the SMS idea because it raised just €318 (about $A491) from eight backers. The flexible goal was €32,735 (about $A50,500).

Now French company Omicron is having a second go at crowdfunding. This time, they just want $A%000 and have raised more than $1500 with almost three weeks to go.

A simple wave or finger gesture has always been enough for me, but it appears some people want more precise communication.

Dictate SMS

The MotoChat and CarChat devices use a Bluetooth microphone, universal voice recognition and an LED board that fits on a bike’s or car’s number plate.

Riders simply dictate their SMS message through the microphone to the LED board which shows seven letters, but also scrolls so you can display a longer message.

The microphone uses a different signal to normal bluetooth intercom so it won’t interfere.

There is also a three-axis gyroscope accelerometer that will detect emergency braking and automatically translate it to the LED board as a warning to drivers behind.

However, let’s hope they spell “brake” correctly and not “break” as in the video!MotoChat message warning sms

SOS function

MotoChat also includes an SOS function in the event of a crash.

The accelerometer detects lean angles of more than 67 degrees and interprets that as a crash.MotoChat message warning sms

The GPRS tracker will note the exact location and an associated app that works with any smartphone will send an SOS message with GPS location to a prerecorded number of your choice, so long as there is signal.

The person who receives the SOS can then alert emergency services at the touch of a button.

There is no subscription required for the service as there is with some other emergency tracking devices.

The European Union now requires all new cars to have a similar SOS device called eCall and it will only be a matter of time before that extends to all new motorcycles.

BMW already has an eCall function available on some of its bikes.

BMW Motorrad SOS alert button tracker message sms
BMW’s SOS button

MotoChat price

Retail price will be €90 for MotoChat and €119 for CarChat. Supporters of their Indiegogo funding campaign will be able to order them for €60 (about $A92) and €75 ($A115.75).

The only use I could see for this device is to ask road hogs to move over and let me pass. However, the driver wouldn’t see that message unless I displayed it on the front of my bike!

  • What are some of the messages you would like to send? Leave your reply in the box below.

Source: MotorbikeWriter.com