Crunchpad fails

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I ain't a gadget guy but this gadget intrigues me because Michael Arrington shares development process in detail. It got yummier when Mike enlisted a Singapore startup to do product development.

18 months of work with so much potential, Mike broke the news:

And then the entire project self destructed over nothing more than greed, jealousy and miscommunication

I am interested to find out who the shareholders are and also why Mike, as a lawyer himself, overlooked legal issues.

Most important of all, a very fine case study for failure.