It was founded by Dan Bomze, William Cockayne, and Geoff Pitfield.
The company created the modo handheld wireless device which delivered up-to-the-minute entertainment information to urban youth in New York, San Francisco, and Los Angeles.
[1] The product received high praise in a wide array of press from Playboy to the New York Times.
However, the backers ran into financial problems in the wake of the dot-com crash, and funding dried up, which resulted in the swift end of Scout.
Ultimately the service ran for just two months in New York and San Francisco, with the company going out of business one day before the scheduled launch in Los Angeles.