Rise and fall of CastAR (Podcast interview with Jeri Ellsworth)

[velusip]

https://theamphour.com/394-jeri-ellsworth-and-the-demise-of-castar/

Jeri tells the backstory behind a failed kickstarter augmented reality system and how it felt like a season of Silicon Valley. It's pretty fun.

 

[Stoly]

I had already forgotten about these guys. I was excited about the project. Too bad they failed.

 

[LurkerLito]

Shame it failed, I was one of the backers. I got all my money back also so it wasn't a loss for me.

 

[velusip]

Shame it failed, I was one of the backers. I got all my money back also so it wasn't a loss for me.

That's pretty cool.

It sounds like the typical/expected business model of the valley is based on laddering capital so early VCs can cash out. To hell with the actual products, lol.