IQ2 Power Meter

I hear you. I’m a late IGG Backer.

I’m #378 on Kickstarter from mid April 2018. I’ve had a good laugh at all the complaining on their site over the last two years. :joy:

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Here’s the latest update with production plans

As you know, we’re currently scaling up production so we can deliver to all of you throughout May and June. We’re currently producing the first dual sets as well as singles and will deliver small amounts of pedals over the coming weeks. From week 22 onwards, our production capacity will increase to hundreds a week, to make the step to thousands a week soon after.

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What are they referring to when they say “small amounts of pedals over the coming weeks”? Week 22 is the 25th of May, by when they say they will be producing hundreds per week. Does small amounts refer to dual sets, or are they referring to hundreds per week as small amounts?

It’ll also be interesting to see if Shane received exactly the same unit as Ray.

I suspect pretty heavily he’s in the exact same batch as I.

The main concern I have (and noted in my post), is that the units I and Shane have right now are likely not representative of what someone in July gets. That might be a good thing for July folks, or it might not. I honestly don’t know.

They were open that the manufacturing process (and even some components) is a bit flexible right now, and also very manual. If there’s one thing I know about power meter production, it’s scaling up from hand-built units to automation that causes the most failures. It killed Brim Brothers as a company (remember Speedplay compatible power meter cleats?), it added years to Vector release after Garmin bought them, and then there’s tons of smaller players that delayed 6-18 months that you never hear about.

Again, I’m super optimistic about where they are (as that Instagram ad apparently quotes), but I’m less optimistic about manufacturing. But if they can manage to get themselves to the fall without a tidal wave of unexpected issues, they’ll pose a real threat to power meter pricing.

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Anyone get theirs yet?

Nope. Heard nothing since the last update.

Nothing since the promise of “shipping 100’s per week to 1000’s shortly after” a couple of weeks ago. Whoever runs or dictates their marketing and communications has a very strange idea of what is important to customers.

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Nope, they had that lovely optimistic email where they told us they were on schedule and locked in our shipping info then they dropped off the radar (again).

“I’m not angry, I’m just disappointed” as my mother used to say.

Edit:
There always seems to be an update shortly after this thread gets resurrected, wonder if they’re watching it:
https://www.kickstarter.com/projects/1468298434/cycling-power-meter-at-a-breakthrough-price/posts/2855780?ref=ksr_email_backer_project_update_registered_users

Long story short, they’ve shipped a few single sided ones but are having trouble scaling up due to COVID related supply chain issues and excessive optimism from their side.

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A friend of mine has just excitedly ordered one of these. I’ve told him he’s in for a long wait but he’s as overexcited as your average labrador puppy.

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At least this time they admitted they over extended:

Hi all,

Over the past weeks we have shipped some single-sided power meters, but we have not scaled up our production at the expected rate. Reasons for this are Covid-19 related shipment delays, suppliers who are not able to deliver as soon as they said they would, and to be really honest… the planning was also a bit too enthusiastic from our side.

We’re still doing as much as we possibly can to scale up ASAP and are really excited to deliver to all of you.

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So on the 18th of May, they said they would start producing hundreds per week from the 25th of May. During the seven days between the 18th and 25th they decided they wouldn’t be producing hundreds per week from the 25th after all.

Because Covid-19.

Still, not to worry, at least they have a million euros of other people’s money earning interest in their account. If they started producing, they would have to spend it.

A touch confusing, because if anything the supply chain situation should be better than when they made their promises, not worse.

Unless they didn’t even bother factoring how things were in reality at that point… yes, that actually sounds like what probably happened.

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I get the supply chain issues, we are experiencing the same thing with our suppliers. They say we will deliver wk-xx and when wk-xx rolls around they say oh yeah, another 2 week delay because of Covid. I recently got strung along ordering some brake calipers. Will ship in 2 weeks, turned into waiting for our supplier several times over to an abrupt Order Cancelled. Still don’t have the ones I need over two and half months on now.

The problem is the naivety and wishful thinking of best-case scenario planning, which IQ^2 and many others are guilty of using. So many times risk assessments are done and the decisions are “willing to accept that risk up front” to make a schedule look good, but in reality there is no real plan to actually deal with it when it hits (and often does). I see it year after year, project after project in my 30+ years of high-tech development. Promise them what they want to hear, don’t look for permission and hope for forgiveness.

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Yup. I have learned the same lesson… take your best case scenario… then double or triple it… and you might have a reasonable estimate.

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Yep. I see it from both sides. I typically underpromise and over deliver. Unfortunately, too many in industries do the opposite.

CV-19 has really messed some supply chains up.

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IQ^2 has also put themselves into a no-win situation at this point they way they have handled communications. No matter what they say at this point, except they are shipping en masse, with proof, is going to be acceptable now. No communications, bad, sending sorry no updates, bad, we are still having supply chain issues, bad…

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That and Time, Quality, and Budget. At best, pick 2 of the 3 because you will never, ever get all three at once.

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They said they would be producing hundreds per week within seven days. If you’re making any attempt to be honest, you can’t make an announcement like that unless have everything already in place and ready to go. Now they’re saying that when they made the announcement they were waiting for components from various different suppliers. It’s difficult to see how IQ2 themselves believed what they were telling us.