The following story isn’t a script for a bad Hangover sequel, though Hollywood should definitely adapt it for the big screen.
Remember that incredibly cool motorbike helmet that took Indiegogo by storm exactly two years ago? The Skully AR-1 was supposed to be the coolest bike helmet ever, featuring an advanced heads up display complete with augmented reality (AR) elements. The company secured almost $2.5 million in funding via Indiegogo and an additional $11 million from investors after that.
Where did that money go? Among other things, it paid for expensive cars and trips to hot destinations, but also for personal expenses including rent, limos and strip club attractions. More →