at least not this time for Mutant Logic and its investors. Mutant Logic of El Dorado Hills shut down about two weeks ago. I missed the news. It was in the Business Journal on 11/30, but I didn't catch it until Adam Kalsey posted it on SacStarts here.
According to the articles linked to above, they spent about half of the $500k they raised, realized things weren't going to pan out and will return the remaining money to investors. No shame at all in that. They had a good idea, they gave it a shot.
This won't be the last time we hear from the Ben Mok, Brian Hoblit, Jorge Campos and the rest of the team that started Mutant Logic.
Good luck next time!
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According to the articles linked to above, they spent about half of the $500k they raised, realized things weren't going to pan out and will return the remaining money to investors. No shame at all in that. They had a good idea, they gave it a shot.
This won't be the last time we hear from the Ben Mok, Brian Hoblit, Jorge Campos and the rest of the team that started Mutant Logic.
Good luck next time!
Link to original post