Is it O.K. To Speculate Re: Company Stability Here?


  Today I read a thread a poster wondering in Mytek was still in business.  A couple of replies were critical of the poster for asking.

  Owners of Krell products started a few threads when the company didn’t answer queries about repairs.  Some criticism ensued due to alleged insensitivity to deaths in the family ownership.

  I mentioned that I heard a rumor about Sim Audio due to the demise of one of their founders and was told that I was on a mission to destroy their company.

   I fully understand that the Internet is the leading source of information, good and bad .  I also realize that it is the medium of commerce for audio companies .  I also realize that company margins are small and that misinformation can be very harmful to their bottom line.

  However the fact that these companies sometimes have precarious stability means that their customers, potential or otherwise, have legitimate questions.  Look how Thiel Audio, Krell, Audio Research, and Mytek have done over the past half decade or so.  If a creative voice at Sony leaves the company for whatever reason, chances are Sony will still be here for the next several decades.  With the companies Agoners tend to favor, it could be disastrous.

  That is a long winded prelude to my question, namely: Can we question the stability of companies here?  I don’t want to be a troll and hurt any manufacturer.  However where do we few tens of thousand aficionados get to ask legitimate questions?  This is a Forum for hobbyists, not God’s Writ on Absolute Truth.

  If anything I think that the quashing of rumors benefits the manufacturers more than seeds of doubt in the minds of consumers.  I speak as some who has previously bought Mytek and AR gear, and who has seriously considered SIm Audio.  Personally I am not going to spend thousands of dollars on something if I think the company may not be here in 6 months. YMMV.  However I think this space should be a legitimate place to ask questions.

mahler123

Showing 2 responses by devinplombier

I believe that criticizing companies, or publicizing any info about them that is relevant to its customers' interests yet might prove detrimental to the company itself, is perfectly fine and even desirable. Transparency is a good thing, and this is a free country after all. 

The caveat is that posters of such info should always provide each and every detail they know of that might help others vet said info: sources, links, whatever.

Given how many audio companies change hands or shut down, knowing how to fix one's own gear does somewhat insulate gear owners from the vagaries of the marketplace.

Halcro DM68, nice. These are on my someday list 🙂

 

@stereo5 very true.

And that's exactly why Right to Repair laws are so important. They force rogue companies to make all repair information for their products accessible to the public.

That makes all the difference between the shops you talked to about fixing your Sony saying "Yes!" instead of "No", and you having a working Sony instead of a $2,000 paperweight.

Right to Repair laws have already been passed in a number of states, but folks are not always aware they exist.