HP just blew $116 million of your ink cartridge money to buy one of Silicon Valley’s biggest flops

This week, the startup Humane—which raised $240 million to build an iPhone-killing Ai Pin—announced its sale to HP for $116 million. While far short of the company’s original $1 billion asking price, it’s astonishing that the brand scrapped for anything at all. A product that had promised to change the world instead became a worldwide laughingstock, indicative of the worst tendencies of Silicon Valley-founder hubris. Universally panned, Humane sold fewer than 10,000 units. Sometimes, its...