Those include helping project creators budget for their product, setting clear terms of service if projects fail, and discouraging hype “typical” of online shopping sites. Coolest Cooler now selling on Amazon for $225, down from $499 last November Some backers noticed that it was on sale last week for as low as $199. It reached a settlement with Grepper nine months later. ARCTIC Freezer 34 eSports DUO - Tower CPU Cooler with BioniX P-Series case fan in push-pull, 120 mm PWM fan, for Intel and AMD socket - White 4.7 out of 5 stars 2,801 $49.99 $ 49 . 20-Watt Bluetooth Speakers & Subwoofer for Parties/Festivals/Boat/Beach. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. And they don’t have their money, either. In 2017, Grepper agreed to pay a $50,000 civil penalty in his settlement with the state, but Oregon said it would waive that sum if he met all the other terms of the settlement. Rechargeable Cooler Backpack, Works with iPhone & Android (Gray, 2021 Edition). So Oregon allowed Grepper and his company to proceed with the address confirmation requirement and waived the $50,000 penalty. Supporters have literally waited years for their coolers to arrive. The … Coolest Cooler arrived on Kickstarter in 2014, becoming one of the most successful crowdfunding campaigns of all time.. Community Rules apply to all content you upload or otherwise submit to this site. Now that the cooler is available for purchase by everyone, Coolest is working hard to fulfill all of the supporters’ original orders. TOURIT Cooler Backpack 30 Cans Lightweight Insulated Backpack Cooler Leak-Proof Soft Cooler Bag Large Capacity for Men Women to Picnics, Camping, Hiking, Beach, … He had sold medical supplies and developed a lightweight travel scale sold on SkyMall but was thoroughly unprepared for what Coolest Cooler became. “I thought I was giving you money where I was going to get something in return,” Flores said. The Department of Justice said those people evidently didn’t respond to the address confirmation note, or didn’t respond promptly. Best Sellers in. Amazon has it in stock for $225 with free shipping, … It sounded like a delight and, at $200 apiece, Grossman decided she would buy one for herself. As it turned out, though, Grossman didn’t really buy the cooler. Add to Wish List. The company doesn’t retroactively remove the “Projects We Love” designation from its crowdfunding campaigns once they have concluded, according to Bernyk. Kickstarter and its payment processor pocketed approximately $1 million in fees associated with the project. Lifewit Collapsible Cooler Bag 32-Can Insulated Leakproof Soft Cooler Portable Double Decker Cooler Tote for Trip/Picnic/Sports/Flight, Grey, RovR Wheeled Camping Rolling Cooler with Wheels 45 qt (Desert Orange), Coleman Rolling Cooler | 50 Quart Xtreme 5 Day Cooler with Wheels | Wheeled Hard Cooler Keeps Ice Up to 5 Days, Black, RovR Wheeled Camping Rolling Cooler with Wheels (60 qt.) Pop culture website Mashable crowned him “The New King of Kickstarter.”. And the state didn’t make Coolest pay the $50,000 penalty. 99 Thousands of Coolest Cooler's backers are still waiting for the music-playing, USB-enabled, accessory-holding cooler with an inboard blender as another boating season approaches. When Kickstarter started using the term publicly it was then automatically applied to current and former projects, including Coolest Cooler, beginning in 2016. Subscribe to OregonLive. Coolest Cooler now selling on Amazon for $225, down from $499 last November self.shittykickstarters Some backers noticed that it was on sale last week for as low as $199. 41,880 received coolers, most of them years behind the promised delivery date. Coolest Cooler, notorious as the biggest disaster in Kickstarter history, shut down last year and has just completed terms of a legal settlement with the Oregon Department of Justice. Two full-range stereos with an 8-watt subwoofer produce clear, high-fidelity audio with excellent... Budweiser Soft Cooler Bluetooth Speaker Portable Travel Cooler with Built in Speakers Bud Weiser Wireless Speaker Cool Ice Pack Cold Beer Stereo for Apple iPhone, Samsung Galaxy. How are ratings calculated? Kickstarter levies a 5% fee on projects that appear on its site, and its payment processors take an additional 3% to 5%. In an email, though, Bernyk said the company is not responsible when backers lose money. 20-Watt Bluetooth Speakers & Subwoofer for Parties/Festivals/Boat/Beach. Grepper, Coolest Cooler’s founder, didn’t respond to an email seeking an explanation on why so few people received $20 settlements – and why some, like Flores, received much less. Then check out these nifty speaker coolers, which will help cut down on the number of things you need to carry by not only offering a way to keep your beer and soda refreshingly cold, but also delivering impressive stereo sound streamed from just about any device. Clock with camera: https://geni.us/minicameraclock 2. Running on a rechargeable battery, blast your favorite tunes with a cold 24-pack by your side. Coolest Cooler, the cooler on wheels with a built-in blender, is going out of business, blaming tariffs from the ongoing trade war with China for its failure. Coolest Cooler was fast becoming a national sensation in 2014 when Susan Grossman first saw it on Good Morning America. “We got bupkis.”. The Coolest Cooler just became more accessible. She said the label was applied internally in 2014, when Coolest Cooler was raising its money. COOLEST COOLER: Get your very own COOLEST, complete with blender, a waterproof Bluetooth speaker, USB Charger and all the other awesome features. He said his buddies teased him when they bought second-hand Coolest Coolers on eBay, or ordered them from Amazon. And that really was a regret,” Skarstad said. It’s now possible to do a final accounting of just how much Grossman and other backers lost, using Kickstarter data and numbers from the justice department. Another 13,530 did not receive their cooler or their $20, either because they didn’t respond to an address confirmation notice from Coolest Cooler or because they did respond but the Portland company didn’t send the settlement money. 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