Earlier this week, the company behind the hottest semi-failed Kickstarter campaign of 2014, the Coolest, announced that it has settled with the attorney general in its home state of Oregon. Now the details of that settlement are out, and we’ve learned that the worst-case scenario is that backers will each receive $20 if the company fails to deliver. [More]
less cool than anticipated
Coolest Has To Ship 20,000 Rewards To Kickstarter Backers By 2020
By 6.27.17
The Coolest was the hottest Kickstarter campaign of 2014, but a substantial number of people who paid at least $165 plus shipping for the party device still don’t have their coolers. Now a case filed against the company by Oregon’s Department of Justice has been resolved, and the company has three more years to ship out remaining backer rewards. [More]
Oregon Department Of Justice Announces Investigation Of Coolest
By 9.30.16
Back in 2014, the Coolest was a Kickstarter hit that drew even more backers as it appeared on national TV. It crushed records as well as crushing ice in its built-in blender. Yet over two years later, all of the original backers still don’t have their coolers, even as the Coolest is available in brick-and-mortar retail stores and on Amazon. Now the Oregon Department of Justice is investigating the company behind the Coolest, which is based in Portland. [More]
Coolest Offers Opportunity For Backers To Pay $97 And Jump The Line, Another Revolt Ensues
By 4.15.16
Back in 2014, the Coolest, a cooler with built-in speakers and a blender, crushed the record for the most-funded Kickstarter project along with lots of ice for frozen margaritas. The problem, though, was that the cooler’s creator charged early backers $165 for something that would eventually retail for $400, and running out of cash made some production snags even worse. Now they have a new proposal for backers: pay an extra $97 to jump the line and get their coolers next. [More]
Coolest Tells Kickstarter Backers That Coolers Are Further Delayed
By 2.29.16
The Coolest hit Kickstarter in 2014, raising over $13 million and promising backers “a party disguised as a cooler.” That party may be winding down or at least significantly delayed, as the project’s creator says that they’re looking for an investor to help keep cranking out coolers. [More]
Cooler Raises $13.3M On Kickstarter, Tries To Sell More On Amazon Before Shipping To All Backers
By 11.19.15
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]
