By [email protected] GTM has charted the rise and fall of more than 150 solar startups. A few failed magnificently, but most of the others just faded away — victims of greed, sloth, pride or any of the other deadly sins of startups.
Bloo Solar falls into the latter category — the one where investors don’t perform adequate due diligence and the company goes forward with a technology based sheerly on collective self-deception. Sources close to the company claim that the startup is winding down and selling off its assets. We’ve reached out to CEO Larry Bawden for comment but have not yet received
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