Kickstarter Hires Reporter to Investigate Drone Startup Failure
By Debra Kaufman
December 11, 2015
December 11, 2015
Kickstarter has hired an investigative journalist to look into a recent case in which a successful fundraising campaign led to spectacular failure. British drone startup Torquing Group raised $3.4 million (£2.3 million) and, less than a year later, went down in flames. Its co-founder/chief executive Ivan Reedman left the company for “personal health issues and irreconcilable differences” and, a visit to the company’s Wales headquarters didn’t turn up a working prototype of the product due to ship within months. Continue reading Kickstarter Hires Reporter to Investigate Drone Startup Failure