After Successful Crowdfunding Campaigns, Erik Buell's Fuell Files for Bankruptcy
Briefly

Crowdfunding can be a double-edged sword, as seen with eBike brand Fuell, which has filed for Chapter 7 bankruptcy after raising millions on Indiegogo.
Fuell's bankruptcy raises concerns for backers, as the company lacks funds to fulfill its delivery obligations despite having parts to assemble the pre-ordered electric bicycles.
Read at Bikerumor
[
|
]