“Sphero told us they needed fully revamped iOS and Android apps six months later with no schedule wiggle room.”
Specdrums raised $188,000 from nearly 2,000 Kickstarter backers and got a demo in every Apple Store on the planet. Sphero bought it, set a hard CES deadline, and gave the team one quarter to sink or swim. Sphero’s own holiday sales flopped, so the Specdrums team got laid off. The acquirer buys the product, then blames it for the acquirer’s bad quarter.