You win some and you lose some, and unfortunately for Otto, a smart lock startup that was ever-so-close to shipping its first product, the door is now slammed shut on the company. Otto founder and CEO Sam Jadallah stated in long-winded Medium post that an acquisition deal crumbled at the least minute, leaving the startup in shambles and forcing
Source: Hot Hardware – Otto Smart Lock Startup Crashes And Burns Before Launching Its First Product