Some time ago there was a concept, "The Peter Principle", where people advance until they reach "their level of incompetence". It does seem to be a valid observation.You make a good point. I suggest people look at other failed crowdfunded projects and the same exact sentiment appears. People think that the company pocketed the money and did nothing. Then they scream, "Someone needs to sue them." What they are really saying is, I bet on the wrong horse and now I'm going to blame the jockey, owner and trainer, thus someone needs to sue them for not winning. What they didn't do was do the proper research ahead of the bet but just bet on that horse because it was pretty and had a neat name.
When a business plan doesn't work out or a the people running it are doing a bad job, it's what I call real life. Not everyone is cut out for every job and sometimes they go into something that is over their head. Elio is a combination of both. Paul is really sealing the deal right now by not communicating with anyone. That's where he's over his head. As for the business plan, it was way too aggressive and idealistic, thus never going to work unless it was adjusted. It was sort of adjusted but not even close to what was needed. If you want to see this played out every day, look into the restaurant business. This happens all of the time.