pthomsen

Creepy or not, this thing feels a lot like a scam to me. 

The company received about $4.4M in funding, in two tranches ($1.9M seed and $2.5 Series A(?)), and the CEO has advertised on Twitter that he spent almost $1.9M on a domain name (friend.com), just shy of 43% of the funding he'd received.

You'd think they'd spend most of their money engineering the solution, setting up manufacturing relationships, working on product planning, writing the code to interact  with the AI, etc. etc. etc..

But instead, they burned almost half of the money on a domain name.

What if something goes wrong with the desgin/engineering/manufacturing/distribution of the product, and they won't be able to ship it? Maybe that $1.9M would come in handy, if there are delays? But they can't do that, because they set their cash on fire by buying a domain name.

If things go sideways, do you think the people who pre-ordered will get their $99 back? That would be a scam.