MIT going out of business

It's been many years since I owned MIT cables but I still don't like seeing these legacy firms closing up shop.

It's not like there aren't plenty of cable options available from which to choose. I have always been partial to cables and interconnects where the intent is to impact the signal and get it closer to what I want to hear.
 
I remember saying about 6 months ago "I can't believe MIT is still in business".

It is sad indeed to see companies go out of business (though this industry would be better without some of them).

I wonder if MIT would still be in business if those who love China and supporting its systematic IP and technology theft and fake goods instead bought REAL MIT cables?
 
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I used MIT cables way back when. I always hated the annoying "boxes" on the interconnects. It made the mess behind my rack even worse. Now I use Shunyata X-series cables with annoying boxes. :rolleyes:
 
I haven’t seen any innovation from MIT in years. A good legacy audio company that sadly appears to be on the way out.
 
I have one MIT power cord that made a big improvement on my Linn amp.

I know what the letter on the site says if that's true I wonder why he didn't plan for his retirement 10 or 20 years ago.

We see and hear these products recent years developments show how fragile some business models are and we just don't know from day to day.
 
If you believe the statement from the MIT owner, it seems that he is past retirement age and understandably ready to go. He says he had offers to buy the company but those were conditioned on him staying which he was unwilling to do. Taking him at his word, the issue seems to be a common one with small businesses-no effective succession plan-not necessarily no demand for the products or Chinese competition, or anything nefarious. This is, unfortunately, not unusual in very small businesses when the founder who had the vision for the business exits.
 
Kramer64 said:
If you believe the statement from the MIT owner, it seems that he is past retirement age and understandably ready to go. He says he had offers to buy the company but those were conditioned on him staying which he was unwilling to do. Taking him at his word, the issue seems to be a common one with small businesses-no effective succession plan-not necessarily no demand for the products or Chinese competition, or anything nefarious. This is, unfortunately, not unusual in very small businesses when the founder who had the vision for the business exits.
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I like their stuff. Made an improvement in my system to the point that I opened my wallet. That’s a rare occurrence for me in cable-land. Sorry to see them go.
 
Kramer64 said:
If you believe the statement from the MIT owner, it seems that he is past retirement age and understandably ready to go. He says he had offers to buy the company but those were conditioned on him staying which he was unwilling to do. Taking him at his word, the issue seems to be a common one with small businesses-no effective succession plan-not necessarily no demand for the products or Chinese competition, or anything nefarious. This is, unfortunately, not unusual in very small businesses when the founder who had the vision for the business exits.
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I think it was both - no plan and little it any demand.

In all the shows I've been to, all the hundreds of followers I talk to, all the comments on my pages, no one - literally not one person out of the thousands has ever mentioned or asked about MIT.
 
Here’s a great article on the early cable designers. MIT was one of the first and set the stage for super high end cables.

www.theabsolutesound.com

Cable Designer Roundtable

The Pioneering Founders of The Cable Industry Discuss the History, Art, and Science of High-End Audio Cables. It’s easy to forget that just 35 years ago
www.theabsolutesound.com www.theabsolutesound.com

In a niche that relies on promotion and subjective impressions, Transparent, the one time distributor of MIT cables, stole Bruce Britton’s designs and started a new cable company. They were better at marketing.
 
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When we sold MIT, they had an amazing sales rep driving things. Kent Loughlin was the driving force. Once he retired, the air went out of the sails quite a bit. That’s when I started to see things taper off.
 
Succession problems, competition, and innovation all matter. But the bigger issue may be that audiophiles have reordered their priorities. As speakers, room acoustics, and DSP have come to be seen as having a much greater impact on sound quality, cables have shifted from being viewed as essential components to optional refinements. When a category moves down the priority list, even well-run companies (which btw may not be the case with MIT) can struggle.
 
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