Being AI: Another backdoor disappointment

Being AI's David McDonald. (Image: Supplied)

Sat, 15 Nov 2025

Being AI was always a clear stinker.I recall attending an event around the time of its launch; many movers and shakers within the space were excited about it, and they scoffed at my scepticism.After all, AI was so hot, and it was a company on the NZX with the word AI in it. At its peak, the stock traded upwards of $1, and the company was valued in the hundreds of millions. Shareholder value destructionNow there is no AI, and likely soon, there will be no revenue-generating businesses at all, with majority shareholder Evan Christian&rs...

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