Modo Shuts Down, Idealab Blamed

from the does-this-makes-sense? dept

I was surprised to read today that was shutting down. It had been receiving quite a lot of hype, and I’d heard from numerous people who really liked the device. According to the article, sales were doing well, and growing rapidly. An unnamed source blames Idealab for pulling their funding for Modo. This strikes me as very odd. Idealab has been struggling to find good companies to fund (apparently) so that they can pull off their IPO. Modo is in a hot space (wireless), had a good idea, and actually seemed to have strong end-user demand. So, why would Idealab pull their funding?

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Comments on “Modo Shuts Down, Idealab Blamed”

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1 Comment
Anonymous Coward says:

it's not completely useless

While it will never get data again, the Modo does have a built-in Tetris-style game.
– press and hold the left and right buttons
– while holding, press and release the little button below the display twice
– release the right button
– release the left button
It doesn’t always ‘take’ on the first try, but you should be able to get it to work with a little practice.

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