I am not sad for these particular investors, because they could've become very rich if it had taken off. With great chance for cash comes great risk of losing it and they knew it. I do feel for the early adopters, though; I hope Better Place finds some money to compensate them.
For future investors, Better Place will be a reminder not to invest in ideas that are too disruptive, even if the founder and the team seems right for the job. The companies that might never be due to this precedent is the real loss, I think.
For future investors, Better Place will be a reminder not to invest in ideas that are too disruptive, even if the founder and the team seems right for the job. The companies that might never be due to this precedent is the real loss, I think.