Skip to main content
  1. Home
  2. Mobile
  3. News

Want to hop on the Nothing train? You can invest in the startup

Peter Hunt Szpytek
By

Following Nothing’s first major event of 2022, the tech startup announced that it would be opening itself up to a community of investors. Starting April 5, Community Investment 2 will go live, giving the public the chance to be a part of the company through investment. Preregistration has already seen the company raise over $43 million through more than 22,000 investors as of March 29, and Nothing is shooting for even more.

The company has some pretty lofty goals of waking up the “sleepy smartphone market” by dethroning Apple as the sitting king of the industry. So far, Nothing has only produced the Ear 1 wireless earbuds, however, the tech startup is taking its first major step to shake up the phone market with the introduction of its upcoming smartphone, the Phone 1.

Related Videos

There still aren’t any public renders of the device announced at last week’s event, but Nothing CEO Carl Pei has high hopes for the smartphone. He expects it to be competent enough to give Apple a run for its money, but only time will tell if that will happen. All the company is asking for now is patience during its continued development and investment.

Related
Nothing CEO Carl Pei speaks at a presentation on the company's plans to make a new phone.

Nothing says it wants its community to “take these next steps” with the company through investment. The Phone 1 is still yet to be officially revealed, but the company says that its launch will be taking place in the summer.

Despite the company’s high hopes for itself, it isn’t the first to try and make a dent in Apple’s share of the market. Essential, Nextbit, OnePlus, and many others have all tried their hands at mimicking Apple’s success, but to little avail. Pei was even involved with OnePlus’ efforts to break into Apple’s user base before starting Nothing, so fans should be wary of Nothing’s promises before investing.

Investment is always a risk so those looking to put money into the company should consider their options before diving in headfirst.

Editors' Recommendations

Topics
You can now try the OnePlus 11 for free for 100 days — here’s how
Someone holding the OnePlus 11.

Buying a new smartphone is always a gamble in terms of customer satisfaction — mainly because they cost so much and can be so different from the device that the buyer is currently using.

To combat this, OnePlus is giving customers the chance to try the OnePlus 11 entirely risk-free. Starting today, the company is running the "100 Days No Regret" program, which allows OnePlus 11 buyers to use the new flagship for up to 100 days and still be eligible to return it for a full refund.

Read more
You aren’t ready for this Galaxy S23 vs. iPhone 14 Pro camera test
Deep purple iPhone 14 Pro and Cream Galaxy S23 crossed over

Samsung’s Galaxy S23 is here, and it's quickly become one of the best phones you can buy in 2023. For $800, you’re getting a small but mighty phone with Snapdragon 8 Gen 2 for Galaxy chipset, long-lasting battery life, and a powerful triple lens camera system with a 50-megapixel main shooter.

But how does one of the best Android phones stack up against Apple’s smallest flagship, the iPhone 14 Pro? It has just as many cameras as the Galaxy S23, a powerful 48MP main camera, and costs $200 more than Samsung's handset.

Read more
Nothing Phone 2: news, release date and price rumors, and more
Nothing Phone 1 with Glyph lights active.

The Nothing Phone 1 made its debut in July 2022, and it had a reasonable amount of hype behind it due to the involvement of Carl Pei, a co-founder of OnePlus. It was a quirky phone due to the unique light show on the back that makes it stand out from the competition, but on the software front, it’s very similar to other Android phones out there. It received mixed reviews, though the consensus leaned more on the positive side.

This year, we’re expecting the Nothing Phone 2, as confirmed by Pei in January during MWC 2023. Here’s everything we know so far about the Nothing Phone 2!
Nothing Phone 2: design

Read more