Kickstarter Hires Investigative Reporter To Figure Out Where Mini-Drone Campaign Went Wrong

Kickstarter Hires Investigative Reporter To Figure Out Where Mini-Drone Campaign Went Wrong

A company based in Wales showed up on Kickstarter with what looked like a working prototype of a really impressive consumer drone small enough to land on a saucer. Yet the promised drones never shipped. What happened? Kickstarter decided to find out, taking an unusual tactic: the company hired a local investigative reporter to, well, investigate. This week, the report came out. [More]

Founder Of Jelly Belly Looking For Re-Entry Into Candy Industry With Caffeinated Jelly Beans

Founder Of Jelly Belly Looking For Re-Entry Into Candy Industry With Caffeinated Jelly Beans

We’ve already seen caffeinated Cracker Jacks, chewing gum, and peanut butter (some of which are already off the market), and now the founder of Jelly Belly is hoping to give a jolt to the candy market with caffeinated jelly beans.  [More]

Kickstarter-Funded LinkWallet Misses Promised Deadline For Refunds

Kickstarter-Funded LinkWallet Misses Promised Deadline For Refunds

Last year, we shared the frustrations of people who backed a product called PingWallet, (later LinkWallet) on Kickstarter. The wallets were supposed to ship at the end of 2013, then were delayed to the end of 2014. When that deadline passed, the founders declared that they would issue refunds to backers by December 22, 2015. That would be a satisfactory result if those refunds had ever been sent. [More]

Does The Laser Razor Yanked From Kickstarter Actually Work? Well, Sort Of

Does The Laser Razor Yanked From Kickstarter Actually Work? Well, Sort Of

The prospect of shaving oneself with a laser is, in theory, unfathomably cool. That’s what made the Skarp razor an incredibly successful project on Kickstarter before the platform canceled the campaign due to the apparent lack of a working prototype. Was that really true? How well would the razor work for an unbiased observer? CNET sent a reporter and his arm hair to find out. [More]

Cooler Raises $13.3M On Kickstarter, Tries To Sell More On Amazon Before Shipping To All Backers

Cooler Raises $13.3M On Kickstarter, Tries To Sell More On Amazon Before Shipping To All Backers

Last August, one of the most financially successful Kickstarter campaigns of all time concluded. It was a cooler called the Coolest, which was pricey but promised to contain most of what you need for a beach party. $300 backers were supposed to receive the Coolest, which would retail for $500. Then backers noticed that the product was available on Amazon’s crowdfunded products section… even though original backers from over a year ago hadn’t received theirs yet. [More]

You Don’t Need To Wait Until February To Get Your Cute Kitty Egg Mold

You Don’t Need To Wait Until February To Get Your Cute Kitty Egg Mold

A few weeks ago, a news story circulated about a cute and successful Kickstarter funding campaign. The story behind the product was simple: a woman who likes to cook eggs traveled through Asia, where adorable food molds are popular. She came home and designed a cat-shaped mold for cooking fried eggs, and the Internet threw money at her: more than $72,000 as of this writing. The end? No, not quite. [More]

Laser Razor Raises $4 Million, Gets Kicked Off Kickstarter For Maybe Not Existing

Laser Razor Raises $4 Million, Gets Kicked Off Kickstarter For Maybe Not Existing

Hey, remember how a few years ago, Kickstarter changed their rules to require that all hardware projects funded through the platform actually exist in a working form? Late last night, Kickstarter enforced that policy on a campaign that had already raised $4 million. Kickstarter administrators apparently didn’t believe that the product, which promises a “shaving revolution,” exists yet as promised. [More]

Failed Kickstarter Project Ships Cards 3 Years Late After State Of Washington Sues

Failed Kickstarter Project Ships Cards 3 Years Late After State Of Washington Sues

You may remember that last month, we reported that the first legal action against a crowdfunded project ended with the state of Washington imposing $54,851 in restitution, civil penalties, and the attorney general’s costs and fees on the company, based on the number of backers who lived in Washington state at the time of the Kickstarter campaign. Now there’s a complication: the company is actually starting to ship stuff. [More]

WA State Attorney General Orders Non-Delivering Kickstarter Campaign To Pay Up

WA State Attorney General Orders Non-Delivering Kickstarter Campaign To Pay Up

Last year, the Washington state attorney general tried something that no government had ever tried before: it sued the people behind a Kickstarter campaign that never shipped the merchandise that it promised. Justice moves slowly, but that case has finally been settled, with the company that failed to send Asylum horror-themed playing cards being ordered to pay a total of $54,851 in restitution, civil penalties, and the attorney general’s costs and fees. [More]

FTC Announces First-Ever Settlement Over A Failed Crowdfunded Project

FTC Announces First-Ever Settlement Over A Failed Crowdfunded Project

Today is an important date in the histories of both consumer protection and crowdfunding: For the first time, the Federal Trade Commission took legal action against someone who used Kickstarter to fund a project that they didn’t produce. That’s the good news. The bad news is that since the man behind the scheme has no money to distribute to backers, the settlement doesn’t actually do anything for people who backed The Doom That Came To Atlantic City. [More]

Watch Company Collects $1 Million On Kickstarter, Spends It All, Then Hides

Watch Company Collects $1 Million On Kickstarter, Spends It All, Then Hides

Kickstarter is not, and never has been, a store. Yet companies that use the platform to fund the production of a new product are eventually supposed to, um, make that product. Backers who contributed more than a million dollars to produce thin e-ink watches want answers from the company that promised these watches, and they aren’t satisfied with “we’re broke” as an answer. [More]

Pebble Promises They’ll Ship Kickstarter Watches Before Stocking Best Buy This Time

Pebble Promises They’ll Ship Kickstarter Watches Before Stocking Best Buy This Time

The original Pebble smartwatch campaign in 2012 was a fabulous success, collecting $10.3 million dollars in Kickstarter pledges. It produced a real product that shipped, but not after some backers were disappointed when the company stocked Best Buy’s shelves before sending out watches to Kickstarter backers that had been paid for up to a year earlier. In its new campaign to launch a color watch, Pebble promises: that will not happen again. [More]

Kickstarter Ditches Amazon As Payment Processor, Switches To Stripe

Kickstarter Ditches Amazon As Payment Processor, Switches To Stripe

If you’ve been avoiding backing interesting projects on Kickstarter because you didn’t want to deal with Amazon Payments or log in to two accounts to pledge a couple of bucks for some potato salad, your wait is over: Kickstarter is breaking up with Amazon and switching to a different payments processor, Stripe. [More]

LinkWallet Doesn’t Ship Wallets, Promises Refunds By December 2015

LinkWallet Doesn’t Ship Wallets, Promises Refunds By December 2015

Back in early September, Consumerist featured the LinkWallet, an ultra-thin, smartphone-connected wallets funded through Kickstarter that caught backers’ imaginations and $59,000 of their money. There were several similar wallets available around then, but what distinguished the LinkWallet was the creators’ apparent inability to ship wallets. LinkWallet had assured everyone that the wallets would ship by the end of 2014: how’s that going? [More]

(Eric Spiegel)

Know Your Crowdfunding Platforms: Missions, Fees, And Rules

You have an idea, or you have an urgent financial need, and you want to turn to the Internet to make funding happen. Or let’s say some acquaintance is asking for money on Facebook for what seems like a cool project or worthy cause, but you wonder: what the heck is an “indie go go?” Why is the site itself asking me for a donation, too? [More]

(Kickstarter)

Guy Who Crowdfunded $55,000 To Make Potato Salad Is Throwing A Huge Potato Party For Charity

Back when the guy known now as Kickstarter Potato Salad Guy raised about $55,000 for his first-ever attempt at making potato salad, everyone was wondering how in the heck you could possibly make that much potato salad to fulfill rewards for his backers. And now he’s got the answer — he’s going to throw a massive potato party, complete with potato sack races, food vendors and yes, potato salad, all for charity. [More]

Kickstarter: Project Backers Must Get Rewards (But Leave Us Out Of It)

Kickstarter: Project Backers Must Get Rewards (But Leave Us Out Of It)

When you pledge your money to a Kickstarter project, you do so knowing that you won’t actually be charged unless the project reaches its funding goal. While that protects against an unfundable project from running off with your money, what about those projects that reached their goal but still don’t deliver the promised rewards? [More]

Linkwallet Emerges, Says Wallets Will Ship By End Of 2014

Linkwallet Emerges, Says Wallets Will Ship By End Of 2014

Since backing a hardware project on a crowdfunded site feels like shopping, people get annoyed when the things they “bought” don’t show up when expected. Like the Ping Wallet, which we featured here on the site yesterday. A year after raising $59,000, the smart wallet is the subject of a Kickstarter backer revolt. However, the company’s CEO has re-emerged and says that the delays are just because he wants to send backers a wallet that doesn’t suck. [More]