eevRANT: Lily Drones Folds. A $45M FAIL!


Hi. Time for another beach time rant. Sorry about any wind noise. I do have the wind reduction filter on this, but audio always gonna be an issue in somewhere like this Yes. I do have a Thunderbirds t-shirt on. Look at that. Awesome. Anyway. Ive just got an e-mail from Lily Drones You might remember the name. They, about … more than a year and a half ago, I think it was May 2015. They made a big splash with this autonomous tracking drone thing. You would have like a wrist transmitter or whatever and it would transmit your position to the drone, Which you know, fitted in the palm of your hand Just let it go and it flies up in the air And it follows you around, you know if you are skiing Down a mountain or something like that It will fly around your head and follow you around All sorts of whizz-bang stuff Uh… the wind’s picking up know it looks fantastic that a real slick video and always actually are courting quiet type in the time and i thought they’re probably not going in i love this there could be a lot of issues with this thing but you know that way get like I thought it was any life 500 box or something which is a fair amount for driving but for what the capability of what it was i go it what they claimed that this thing was going to do and I thought yeah why not all and I all back it’ll be good love material and all that sort of stuff if they ever to liver thing I can remember the original delivery schedule and all that time anyway this was unusual in that it was not a crowdfunding campaign wasn’t Kickstarter was an IndieGoGo they actually had two or three orders on their website now this was a venture back at all back venture capital-backed company they had got i believe was like a million in the first rather than 40 million said like 50 million total venture capital funding and then this video went viral of these United interesting sucked in 60,000 people and to pay like 500 bucks of driving so they got about 30 million dollars in three orders for this thing so this was a cashed-up company this was like the United like a 45 million dollar cash top company working on a year before that or something like that oh yeah the winds bring it out sorry anyway gonna name our today that sorry the journeys over want what I want and they haven’t delivered I’m not going to say that happened to live it anything but haven’t delivered any backers have delivered baby units to be the testers I was not one of mine asked him in fact i think i believe i even inquired for advertising on my website or thinking maybe on my youtube channel or something they didn’t know that I was a backer of this thing and down anyway I send my rights and everything and they didn’t them didn’t get back to me and said hey you know I can be part of the video program or whatever you know I’ve got a big YouTube channel and all that sort of jazz and you know they didn’t really hear back from them anyway they just sent out an email today and I think it’s hit the news anywhere else yet but done yet the journeys over and we’re not going to deliver anything sorry apparently the reason is is they were hoping to get some new funding some new vc funding in order to deliver the actual units because as of december 23rd on Twitter on the twitter account they were saying year we’re on track for delivering they said they’re going to deliver in december and like us orders in December everyone else in january so they’re all saying this right up until the last minute when what the wheels fell off the Billy card they couldn’t get the funding they had to admit that sorry journeys I have a lot to their credit my are offering refunds but i’m a little bit skeptical of this cuz I don’t know where they’re going to get the 30-yard million dollars from as if they had 30 million bucks to refund the 60,000 backers at 500 bucks apart it was even more than that he paid for it later it was like a thousand bucks or something i think was much more expensive winter I don’t know where they’re going to get their money from the rerun everyone for this thing so I yeah the verdicts still out anyway fuel in a form to get my refund whether or not I’ll never see my money I’d Ivan this just is a classic example of a company that got too big for their boots instead of just focusing on the product and delivery and focusing on delivering and when you got that much adventure back in funding you should have had a product almost ready to go into production that’s going to sound like I’m I can’t remember the exact details and have to go through this is not going to be published in a video is just a single taking I can’t do any other post research before i upload classic example of just you know I getting too big for their boots and trying to be you know the best I mean they created by this may be the best drug there are some thing with doesn’t matter what real artist deliver was that job so he stole the line from somebody else 10 anyway yeah real engineering companies deliver that could just die like a pro right up until the last minute promising as typical corporate stuff right right up until like just like a week ago what is it now twelfth of generally and in 20-30 December this to tweeting out that year where we’re delivering all that sort of stuff but it all hinged on I thought they were gonna get some more venture capital funding and they didn’t know what they find him they just tied him money went to their head I don’t either got too much money there are two popular i try to do too much would be my guess would be interesting to get the inside story of this one actually because it’s basically and I 50 million 45 million bucks in funding 30 million bucks in pre-orders and they took the money from your credit card it’s not like it was just don’t you know the money vanished from my account you know said I actually got the money upfront about rush coming up big time to be interesting to hear the story this one I think was a background but they had a genuine go this wasn’t a scam or anything like that I think they just and I tried to be corporate you know the one to be the shoes being drunk and stupid just focusing on delivering the actual product is being tested haven’t been I don’t know where my notorious actually knowing the real operation of it and I saw it I know about the original video how photoshop the fight that was with all their capabilities that might have been reopened want to be real wear something and I don’t know it was a firmware issue in the end because this is a lot of smart inside this thing it is just like a united as basically it’s just a drug right but it’s all the smarts have been able to track someone figure out where they are how far they are which camera angle to get an independent around them like this is a skiing down the hill and stuff like that and I so I thought it’d be really good for adventure stuff maybe on the beach here’s something like this you know like you’re running down the beach or you doing something whatever you know you’re playing frisbee or whatever you want this drone tracking you from 10 meters away just getting the optimum shot and that’s gonna be yeah I think they’re beautiful than I can chew their that’s that’s complex algorithm stuff and probably very difficult denial and denied the chance i like to do this take everyone taking its name or epoxy venture capital funny 30 million bucks in three orders it’s an enormous i don’t know if you know but bigger pre-order campaign so I think there’s been a crowdfunded that because they’re at 30 million box but yeah this was pre orders on the website so it’s probably near record breaking in that aspect and well they didn’t deliver Jones anyone thought that was really interesting if you got any inside in five you know what’s going on there if you got any ideas of what we were on I reckon it was mostly the tracking stuff except when otherwise it’s just a drug right it works as a true sure that’s right before road isn’t and flies and hovers and you know it’s got a pen to your thing the camera whatever fried all basic stuff and I run-of-the-mill stuff you buy for a couple hundred bucks off-the-shelf these days so it’s going to be the automated tracking algorithms and everything else how they’re doing the tracking i think was a watch wasn’t i’m not entirely sure of the details but yeah that the new how far away it was a thing it didn’t visually maybe they pivoted in the engineering this thing maybe they thought all year will use watching it somebody against and I some smiles came in and went all we can do all this and I’ve just visually we can track and target with an object and then run a little something because why you lied i was just kissing ride but might be like having too many times didn’t focus on their original solution of the original technical solution really trying 1111 next time that be a lesson to you when you take another big party at least name going to try refund will 33 bucks coming from and I catch you next time

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100 thoughts on “eevRANT: Lily Drones Folds. A $45M FAIL!

  1. You don't go from being a nobody in the drone world to producing something with unique features like they claimed they could. Look at GoPro and a lot of the other failed attempts by companies over the last 5 years. It's something that takes years, and multiple attempts, to get right. Plus if they were inquiring about advertisement, that's probably where are good amount of the money was going. The VCs probably realized their money was being used to pay off debts rather or ship product that had already been paid for (and the money paid already spent); no real ROI so they pulled the plug.

  2. I bet they were going to make a loss during final production so took the left over money and made some excuses to cover there tracks

  3. just thought I would let everyone know my refund from lily showed up on my credit card today!!!!

    just wish my coolest cooler kickstarter I bought into would arrive!!!!

  4. If you're using your cell phone or other camera that doesn't have an external mic input, or you just didn't have an external mic to use, something you can do in a situation like this is get a little patch of fur fabric and stick it around the microphone hole with some poster putty. That gives you a very cheap and effective wind screen. I saw that trick once on a DIY filmmaker channel (either Knoptop or The Frugal Filmmaker, I forget) but now I can't find that video to link you.

  5. Funny because building a GPS follower drone is not so hard and 500$ for such drone is expensive I can build one with the half or even less money. I could prove easily if I had the money to order the components I need, no joking but looks like some losers take 45millions and real inventors and hard workers they don't even get a $ to build cool things. If I had even a single chance to get invested even for a single prototype I would make it FREE SOURCE for everyone to build one at home.

  6. I think they couldn't track the subject stably and perform the necessary manuvers to keep up at the same time without a mechanical gimbal. Little reason to get one with the Mavic Pro out, so I cancelled my order a few months back.

  7. If a small person did that they would be charged with fraud by false representation in the UK if the money wasn't returned

  8. My bet is they spent too much money on fancy office space, furniture, toys, over spec'd lab equipment (oh, 10k o-scope! Shiny!), unnecessary equipment (everyone gets a new maxed out Macbook pro and loaded iPad!), awesome office parties with live bands, and other nonsense. They should have focused on paying competent engineers, project managers, and perhaps a consultant or two to help get them running. Sounds like they mismanaged the hell out of that 30 million and blew it all on crap.

  9. I love that you have to put dont be a dick on your video there are a lot of them about great video love the wind noise made me feel alive 🙂

  10. Heh, couldn't find the money eh? Well, that's the struggle of virtually every new startup company … how to get that initial investment, without having your company controlled by a bunch of hungry investors.

  11. I have paid Lily company $520 back in June 2015, recently I've emailed them twice in a week still NO REPLY FROM THEM.

  12. You can get everything you want in a DJI Mavic, It is an awesome little device. It does everything that scam promised

  13. There's an Instructables for an Arduino-based drone that uses GPS to follow someone with a smartphone. Seems to produce pretty serviceable results based on simple code and hardware. Haven't built it myself, however.

  14. The issue is FAR more complicated then just money…. they were running into FCC and FAA issues where because it was automated and not directly controlled..they were fighting with the FAA to not classify it as a commercial drone having to re-design the entire drone to meet FAA regulations after the new FAA drone laws passed.. it sucked them dry..

  15. Its not the product. It was not certified / approved / goverment stamt. Its basicly uncontrolled autonomouse drone you cant override… Just saying…

  16. Worst. Video. I've. Ever. Seen. You knew about the wind noise, and yet you persisted. Stupid. You knew the subject of the video, and yet you had no facts or figures – "I don't remember". Then don't waste our time! As far as completely guessing what went wrong with the venture, what are the odds you got any part right? Good news – At least this is the last video of yours I'll ever see.

  17. I wont complain about wind noise, but shit, I wish I could be on a beach in a tee-shirt in January.

    Here in Minneapolis the weather has been warmer! Were In the mid 30's (Fahrenheit, just warm enough to make all the snow we got turn into freezing slush, and to blanket the land in cold gloomy fog. Better enjoy it while it lasts tho, soon it will be cold as shit again.

    Fuck.

  18. This has the same sort of stink of what happened with Skully and their $1500 motorcycle helmet thing. Millions pissed away on booze, strippers and who knows what else.

    BTW, love the t-shirt!

  19. a drone that follows you around for $500? that sounds real dubious. it's going to need some serious obstacle avoidance software and equipment built into it, which would take years to develop with some expensive talent behind it. that alone i think would add an extra zero to the price tag.

  20. How interesting. As your frustration grows and my realization that you aren't going to say why the company failed other than the wheels came off, the wind picks up and nearly distorts what your voice. I'd sue in small claims court.

  21. What amazes me, is that they could not deliver with that kind of cash on hand…. They were frauds at every level. Used the money to provide themselves a lifestyle they did not earn. The idea was solid, it could have been done…

  22. Should have been obvious the promo video was not filmed on a Lily, no Lilys were ever featured in it, and no Lily has probably ever been made. The rest is your judgment call but I generally just do not buy things that are not even a thing yet. Not even a prototype, just a dressed up DJI and some indie background music.

  23. Can't agree with you more! so sad, I even asked for a refund prior but still have not seen anything!!! Never investing in any kickstarter campaign again.

  24. I cant believe ppl actually PAYING money to others without any guarantees or anything..
    BTW,im gonna breed a new cow that can fly,and after that a flying pig,so plz fund me !

  25. I ordered and I have paid a Lili Camera on 05/28/2015.
    They told me they were going to return the money paid. But he has not returned anything.
    What can I do to get it back?

  26. Not necessarily scam artists, I think. People overestimate themselves (and others), everyone wants to witness a touching story of a man with a DREAM who "overcame the impossible", something straight from a Holywood movie where people achieve great results just because "they believed in themselves". Like, a few months ago, a friend of mine approached me and asked, "I have a brilliant idea! you can program, right? let's create our own game console! we'll be rich!" Well, fortunately I'm competent enough to know that i'm incompetent, otherwise we could end up just like those guys, with debts and a criminal investigation.

  27. You cannot deliver a product after receiving $30,000,000 in backing.. Hmmmmmm, what really was their business plan..?

  28. build yourself.  I have a chineese 78.- Euros  DIY  all inklusive Frame;  Propellers; 4x BLDC Motors; 4x BLDC Controller and Little Mainboard  without Lipo

  29. Actually I think that is a really cool idea, can imagine someone like Bear Grylls using it when he's on his own filming stuff.

  30. What you need is a cat…………you can do a tear down on it and then use the skin to cover your mic………………sorry lol

  31. Too big for their boots? Like taking in pre-orders with fake prototypes? I don't know if they ever had an actual prototype.

  32. dislike
    you must be an idiot to buy a lily drone
    someone could probably sell you a robot house assistant for $5k and youd probably believe them xD

  33. i wonder what would be the growth of $45m on time deposit, or mutual fund or something for a year? then after a year i say, well i cannot complete your order so i will just give back your money sheeple.

  34. For an open space without obstacles at a certain altitude, it isn't that hard to program, it just takes dedication for a small team, and a lot of it can be somewhat automated through gyros and the like. Either they got way over their heads with irrelevant fluff, or they are just full of shit.

  35. I got in a discussion with Lily in January of 2016 about the delay and in delivery since I've been waiting for 2 years. The WSJ reported on their sales of over $30 million in sales with no deliveries. With these numbers it is a Ponzi Scheme. I filed a complaint with the SEC

  36. Yes, there is a bigger crowdfunded project. Not a drone though. But the game "Star Citizen" which looks really promising is crowdfunded to the tune of 140 millions. I think that is the biggest yet.

  37. is there an open file complaint where we can all sign or have follow up? I understand the risk I was taking, but also think they should have stopped their process/scam/fraude earlier and at least have given us a drone, even if it could not follow. Anyways, what happened has passed, but I still would like to join any movement that has been set up against them. Thanks!

  38. Take components from another drone, smack it to a new body and poof! You got a new drone to present with accompanying high tech ad video to entice unsuspecting investors.

  39. My initial deep thought was it was real and then legally made a black project, and is now the project is under some military body, being designed to hone in on our mobile hone, I mean phone. Killer plane ✈️ drone have been a thing for decades. Can you imagine a time where there's three drones for each of us and no one even knows that people we know on social media are dead and been replaced by an Ai system?

    Just saying! 😂🤔🤘🏼👊🏻🍀

  40. As soon as the Mavic was released, I asked for my money back, they gave it back no issue. I actually made money due to exchange rates. I didn't buy a Mavic. But its tech was far superior to the Lily yet to be released. The DJI Spark is an absolutely spectacular piece of tiny tech that Lily had no chance in competing against.

  41. I can't believe there's no accountabilty and not even explanations on these campaigns. This is the definition of scamming.
    At least they should have to itemize where the money went. Like another commenter suggested, they probably give themselves exorbitant $600k "salaries"

  42. I clicked baited on this thinking a review of the drone in the hand shown would be the subject. Instead I wasted 30 seconds of my of my life listening to a voice drowned out by bloody wind! If ya gonna just ran, why pick that place? DUMB!

  43. Don't know if this have been said already, but they refunded your purchase (I did not pay through any Kickstarter, but directly at www.lily.camera). I was refunded when I cancelled my order. Dollar also went up over the 2 years I waited, so I earned more money than saving them in the bank 🙂

  44. Becoming a millionare is not a fail. Escamming is the new business model now. None of those ebegging scum ever intend to deliver anything. It's all about marketing your stupid bullshit idea to scam the stupid out of their money. I can't believe you fell for such a stupid obvious scam. I consider you to be very intelligent. I'm blown away.

  45. Inside Info:
    No one will get a drones because they would have to sell all the houses and cars they bought with YOUR money!
    Dave you got scammed m8.

  46. This video doesn't even touch on what actually happened with Lilycam I had pre-ordered back in 2015 after many dates changed lot of excuses they eventually told everyone they would refund. Later they said the only way they could refund was to go into bankruptcy which made the refund take almost 2 years. What they did was commit fraud they shot videos of what looked like a lilycam drone in reality it was being controlled by someone with a controller. The watch in the videos being worn by people going down rapids or snowboarding wasn't even operational. It was basically fake videos what they also did was use the pre-order money to borrow millions of dollars securing those loans using money they already owed product for. The DA's office in SF filed charges against the owners my understanding a deal was worked out if they refund everyone the charges would be dropped. That's how everyone got their money back if it wasn't for the county stepping in I doubt we would have gotten a penny back but prison time usually helps in motivating someone. This will be the last time I ever pre-order anything even if it was discounted by 50%.

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