Lytro (VC: $140mm) threw in the towel right after raising a bunch more money. Not to worry though! This isn’t the end for Lytro, they just aren’t going to make anything remotely like what their customers wanted to buy ever again.
Fact: it sucks to drive in The Big City. There are as many reasons for this suckage as there are drivers in this garbage can we call San Francisco (or wherever you live, it’s probably the same), and each of them has at least two or three startups trying to burn VC money and be the first to go out of business.
- Reason #78: groceries and other junk shifting around in the trunk. You just know that was the bag with the eggs in it that fell over, damn it. Associated startups: Instacart, Safeway.
- Reason #32: motorcyclists popping wheelies while weaving between stopped cars. Associated startups: none out of stealth mode, opportunity is knocking.
- Reason #4: Parking!! I hate you so much!
Revolv (VC: $7.3mm) made a dingus to smarten up your home. I guess it turned your lights on when you told it to with your phone, but nobody is really sure. Nest bought them back in October 2014 and discontinued said dingus with a quickness, but kept its cloud service running. As of May 15 2016 the free ride is over.
Did you ever wish that drinking adult grape juice could involve more pretentiousness and gadgetry? Kuveé (VC: $6mm) sure as shit did. Their smart wine bottle brings the exciting technological world of vendor lock-in, cloud services that will soon be shut down and miniscule battery life to the staid world of smushed grapes in bottles. You can tell that they mean business, because they figured out how to put an accent mark on one of their e’s.