Shapeways has filed for bankruptcy

[trynda1701]

Seeing as models are mentioned in the subboard description, this seems like the best place to post this? But if moderators think it needs moved, no problem.

The 3D printing company Shapeways has filed for bankruptcy...

Shapeways Bankrupt? $5M rescue bid rejected - 3D Printing Industry

3D printing service provider Shapeways (Nasdaq: SHPW) is facing potential bankruptcy. A $5 million rescue was rejected by Shapeways, according to a person familiar with the situation. UPDATE: Shapeways bankruptcy is confirmed, executive team resigns. See end of article for details. According to...

3dprintingindustry.com

Found about this on one of the Star Fleet Battles related Facebook Groups, and thought I should let any Trek starship gaming mini collectors here know about the news.

 

[StarCruiser]

Not exactly surprised... Only bought from them once, went fine but, prices rapidly shot out of control over the years.

The main mistake though - NEVER do an IPO....ever.... Your company becomes a slave to Wall Street's insanity. GROW GROW GROW.... BIGGER PROFITS!!!

 

[publiusr]

Had I been an internet billionaire, I simply would have put enough money into them to stay afloat based on interest alone--whatever the sales were.

The world is more interesting with artists in it.

 

[Sgt_G]

I don't understand how they went bankrupt, considering how much money I have spent there over the years.