Razer Rakes in $50M, Noses Options for Going Public

Illustration for article titled Razer Rakes in $50M, Noses Options for Going Public

You might know them as the computer gear makers who love the color green. Or maybe as the technology futurists who had a piece of that future stolen from their labs. But Razer seems themselves as a "cult" computer brand on the cusp of now only going mainstream, but perhaps public.

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The game hardware company just secured $50 million from a Beijing-based venture capital fund and executives are talking about making an initial public offering.

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"We remain opportunistic and going public is one of the many routes we can take," said Razer co-founder Min-Liang Tan. "We're focused on our products and design and ultimately believe that those are key to a successful business, and the IPO process will sort itself out."

Cult video gaming firm closer to IPO [ABS]

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DISCUSSION

F**K Razer products. I'll never buy another one again.

I used to be a strong supporter of them, hell I still have a FIRST EDITION copperhead that works great.

I have spent a TON of money on Razer Products over the years

Copperhead: Still Going Strong

Tarantula - Keyboard, keys don't work anymore, died after around a year into having it, they wouldn't replace it, though I just had a bad keyboard because my Copperhead was so great I decided to give them another shot. (Shit happens)

Lycosa - Still working strong (although, it does have some lighting problems)

Mamba - Gift Birthday Last Year..(from friend) Dead, doesn't charge, battery doesn't last very long (less then 3 hours charge before needing to switch back to wired)

Carcharias - Gift Birthday Last Year (from wife) .. Dead, doesn't play sound.

I got the Mamba for my birthday July 2010, around Christmas I was having issues. As it was a gift, I didn't have a receipt, and asking someone for a receipt that they wouldn't be able to produce 6 months later is kinda embarrassing. So, seeing as it had a 2 year warranty, and it came out in Feb of 2009 (I got it in July 2010, and this was December 2010, so STILL well within warranty).

They said no dice, I said that's fine, but I will be talking bad about Razer every chance I get, and I will never buy another product from them again.

3 Months later, my Carcharias broke, (we still had the purchase from best buy, so we could get the proof of purchase). I emailed them about a replacement, I sent it to them, a week later I get the product back with no note. I emailed back, and asked for a reason why my product was returned to me without a replacement.

They told me that due to it being a "wiring problem in the cord, I was abusive on it and they have voided all warranty claims on the product"

So again, Fuck Razer, I will never buy another product from them, and I have switched to back to Logitech, and will not be leaving, I love my G930 Headphones. Razer has gone down hill since the early 2000's, it seems success and fame have done BAD things to this company, and I would STAY away if you are thinking about them. Logitech makes great products, and I have YET to have one fail on me from Normal use (I had a wired usb headset that FINALLY broke after 7 years, but come on, 7 years for a 30$ headset? damn that's pretty good)