i do understand that there is couple sucessfull high end companies and that main reason for them being succesfull is a status symbol, not just the sound. but there is hundreeds of small companies that make "high end" products from tens, to hundreeds of thousands of dollars and being a no name is not a status symbol either.
There is a great podcast with Aleksandar Radisavljevic, founder of Raal, company that makes ribbon tweeters and headphones. unfortunatelly its in Serbian language, but i think he has great explanation. he said:
reason for so many high end companies and products is because they dont make money and pay bills by making speakers. usually 2 or 3 middle aged man who had succesfull career get sick of paying for high end gear, and then they decide to make it. and main reason is because they want publicity, they want to be featured in magazines and take pictures, but nobody is buying that stuff. and when they make high end speakers main goal is what exotic and expensive to put in it (drivers and crossover components) and how speaker finish and design to look expensive. not too many of them have good sound, with some exceptions, and more the product is expensive, more chance for mistake in design and sound.
There is a great podcast with Aleksandar Radisavljevic, founder of Raal, company that makes ribbon tweeters and headphones. unfortunatelly its in Serbian language, but i think he has great explanation. he said:
reason for so many high end companies and products is because they dont make money and pay bills by making speakers. usually 2 or 3 middle aged man who had succesfull career get sick of paying for high end gear, and then they decide to make it. and main reason is because they want publicity, they want to be featured in magazines and take pictures, but nobody is buying that stuff. and when they make high end speakers main goal is what exotic and expensive to put in it (drivers and crossover components) and how speaker finish and design to look expensive. not too many of them have good sound, with some exceptions, and more the product is expensive, more chance for mistake in design and sound.