Lessons Learned From The Park & Diamond Bicycle Helmet Debacle

Just checked in on Park & Diamond’s progress in delivering a foldable bicycle helmet and found that, surprise, there is none. The last company update is not from the company, but from Indiegogo, the investment firm who hawked the concept helmet based on little more than a slick public relations blast. That update said, “opps.” The last update from the actual company was back in March of 2022 and provided nothing more than hollow claims of progress. The investor comments on Indiegogo are flooded with requests for refunds. My gut…