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anon8418 | 10 years ago

> - Products that would violate known laws of physics or proven mathematical theorems. (Or sometimes even grade school math...)

Drop-Kicker just covered one such startup: http://drop-kicker.com/2016/01/ampy-move-teardown-and-review...

This is from three PHD engineering students from Northwestern.... over $1.5MM raised via Kickstarter and investors.

Hard to believe the founders (remember PHDs) are so naive to actually believe in their own advertising claims.

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api|10 years ago

Wow. After reading that I personally call fraud. Even if there is any real tech behind the scenes, these people obviously didn't ship it to their Kickstarter backers. They hoodwinked Kickstarter as a source of easy money and then immediately turned that into VC backing.

Using people that way is textbook sociopathy. People are rungs on a ladder to be stomped on. Unfortunately it works. People fall for it again and again because they don't scratch the surface enough to see what's actually there.

Anyone interested in investing should take note of a few things here: highfalutin college degrees, patents (you can patent a cheese sandwich) or "patent pending" (which is trivial and meaningless), and unsupported claims of novelty are not reliable indicators of anything.