Wednesday August 10, 2016

Failed Crowd Funded HUD Helmet Maker Blew Money On Cars and Strippers

I'm not sure what everyone is all mad about, these guys only asked for $900k. If you would have looked closer, the other $1.6M was spent on stretch strippers, Vipers, motorcycles and all that other stuff. Duh.

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In 2014, San Francisco tech startup Skully raised hype and money to build a Tony Stark-style digitally augmented motorcycle helmet. Almost $2.5 million later, the company’s shutting down. Now a lawsuit from within the company gives us some hints as to why: founders allegedly blew the R&D money on lap dances and fast cars.