Pono, a digital music player and service launched by Neil Young, failed to make a lasting impact and was discontinued in 2017.
Pono had several avoidable mistakes: assuming expertise in one field translates to product design, ignoring the data, guessing what users want, skipping user testing, not understanding the technology, and outsourcing the core of the product.
Neil Young bet big that people would pay $400 for a dedicated audio player, but the blind test revealed that regular people could not tell the difference between Pono's uncompressed format and an iPhone's AAC format.
Outsourcing a critical component of the product to Omnifone proved to be a big mistake, as Apple acquired Omnifone, leaving Pono's online store defunct.