[rubicon33]

Incredibly ambitious project. I watched the whole documentary.

I'm surprised they were 'unable to secure additional funding'.

Considering how many crackpot app-of-the-month companies have gotten cash thrown at them over the last decade, you would think a company doing real engineering would be drowning in money. It's a bummer to hear that they folded.

Speculation abounds, I suppose, as to why investors started (or kept) saying "no."

[arbitel]

When investors look to invest, they want a fast ROI. Engineering company likes this typically takes many years to fruition or maybe not. It's much easier to justify dumping money on these "tech" companies like WeWork, AirBnb hoping to get another facebook unicorn than putting money into real engineering company like Makani.

[ubertoop]

Personally I find that troubling for the progress of humanity. We need big money (resources) to solve real challenging engineering problems.

Unfortunately it seems like a lot of the big money is going towards less critical 'problems' if problems at all, like social media companies.