When crowdfunding succeeds, everyone’s a winner. From Kickstarter’s most recent Raine One Electric Scooter to Indiegogo’s Tiny Tower Laptop Stand, the concept of crowdfunding is a revelation. However, success is often surrounded with failure and when the walls come down on certain crowdfunded prototypes; it gets real nasty.
Yes, UsBidi. We see you! 🙄
Touted as the world’s most intelligent USB charger, this Indiegogo startup smashed it’s $35,000 target with over $900,000 funded by excited backers. However, fast forward a few years and it transpires that the UsBidi was not so intelligent after all.