“I think it’s not a technology problem,” he said. “I think it’s a human problem, that there are very few people like you and me.”

While I can certainly sympathize with someone whose dream goes unfulfilled, blaming the Internet at large for not 'getting it' rather than acknowledging you were solving a problem no one apparently had is pretty haughty.

I didn't notice any blaming. I thought he was just saying that the market wasn't as big as he'd hoped.

Many successful startups originate in founders trying to solve a problem they themselves had. This may be a case where they did that, but it turned out there weren't enough other people like them.

What about the people who invested 12 million dollars in the company. How many YC round is that?

I think those people were investing in mostly La Meur's name and not his company. Keep in mind, we didn't see his sales pitches, which might have been very convincing.

I tend to think that no matter how much people like Loic, when $12m gets raised and the product falls flat, somebody somewhere feels like they have a little egg on their face.