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TechShop shuts down all U.S. locations, declares bankruptcy

6 pointsby altstarover 7 years ago

2 comments

mindcrimeover 7 years ago
Mondo lame. :-(<p>That said, I can&#x27;t help but wonder &quot;what the heck happened&quot; since this seems - to me - to be such an obviously good idea. Was TS just mis-managed, or is there actually something fundamentally wrong with the business model?<p>I am a member of a non-profit makerspace which has been growing steadily over the years, and we have observed that most - if not all - of the &quot;for profit makerspace&quot; type ventures in our area have failed. But is there some fundamental reason why? I&#x27;m not sure anybody can really say right now.
mattbillensteinover 7 years ago
That&#x27;s a bummer -- it&#x27;s something that should definitely exist, but it seems really hard (impossible?) to figure out a price that works I would guess.