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Seedrs delivers another Crowdfunding disaster that just makes you want to cry.
Happy Christmas - this time from Seedrs. Bike Hud has declared it is now 'dormant' although we are not sure that the CEO has a clue what that means. Bankrupt is a better description.
David Vout 'runs' Bike Hud - a widget to make motorcyle helmets present a heads up display. Well that is what it said on the tin. After raising £100k on Seedrs and collecting another £250k in unpaid debts, the last accounts, filed recently, optimistically declare that the company is now dormant. As if that is something akin to Passing Go.
Hardman and Co’s Brian Moretta in conversation with ECF Buzz Founder Rob Murray Brown on start up investing, equity crowdfunding and what’s a good read.