Boosted Board: from flight risk to $70 million failure

Boosted boards are out of business: What happened?

Electric Skateboards have always been cool. But when someone decided to put a motor in them, they became even cooler, all hazards aside, of course. And with this latest trend of micro-mobility and “last-mile” vehicles, it might come as a surprise that the first motorized skateboards exist since the early 70s. But the Boosted board elevated the game. If this company had successful products, with millions in investment, a cult-like following, and even the endorsement of one of YouTube’s biggest stars, why did it fail?