I still have not delivered my Kickstarter rewards and I’m shutting down my company. The last 10%– the overseas folks. They paid ~$150 each but we totally miscalculated costs. They’re calling me a fraud. I did my best, but the $ ran out.


  • If you’re honest and have integrity, than “I did my best, but the $ ran out.” is a fair answer. Be honest with your funders.

    Don’t forget the people that believed in you, and don’t let your failure be anything other than a stepping stone to success.

    If you can reward them in some way in the future, don’t fail to do that.

  • I feel that funding in general has been glamourized to a point where start-ups are all about getting funding and people forget it’s a business – that means it carries a risk of no return on investment. Investors, especially the casual ones on places like Kickstarter, seem to forget this.

  • I tossed a little over $400 into a Kickstarter project that is now something like two years late. I guess they’re still working on it since I get updates on the problems they’ve had. Anyone who screams “fraud” about a Kickstarter project not delivering has no business at all “investing”. They saw the idea, saw the team, thought “Hmm, that looks sort of cool” and sent the amount they wanted. It was cool. It would have been cool – it still would. But if it doesn’t work, it doesn’t work. No team sets out to fail, but it happens. I think only 1 project that I “invested” in was really cool and works really well – and even it was a bit late. (Still love it!)

    Cheer up – it happens. The trolls will move on with their trolling; you move on wrapping this up and then on to the next phase of your life. Let people know what happened in as much detail as you choose. Then take the lessons learned for your next venture.

  • People need to realise that they invest when they choose to back a project.

    Unfortunately people will call you a fraud but that’s the least of your problems. You may be banned from creating a new project on kickstarter.

    Let this be a lesson in the future. Always calculate your costs before crowdfunding and take into account contingencies. I always put a 20% up to count for unforeseen costs.

  • … [Trackback]

    […] Find More on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a-f…

  • … [Trackback]

    […] Read More Info here on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-call…

  • … [Trackback]

    […] Information to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a…

  • … [Trackback]

    […] Here you can find 42607 more Info on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-cos…

  • … [Trackback]

    […] Find More to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a-f…

  • … [Trackback]

    […] Find More Information here on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-they…

  • … [Trackback]

    […] Information to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a…

  • … [Trackback]

    […] Find More Info here on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-call…

  • … [Trackback]

    […] Here you will find 7823 more Info to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-cos…

  • … [Trackback]

    […] Information on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a…

  • … [Trackback]

    […] Find More Information here to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-they…

  • … [Trackback]

    […] Here you will find 33700 more Info to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-co…

  • … [Trackback]

    […] Find More on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a-f…

  • … [Trackback]

    […] Read More to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a-f…

  • … [Trackback]

    […] Find More to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a-f…

  • … [Trackback]

    […] Info to that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-calling-me-a-fr/ [.…

  • … [Trackback]

    […] Read More Info here on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-costs-theyre-call…

  • … [Trackback]

    […] There you can find 5039 more Info on that Topic: startupsanonymous.com/confession/i-still-have-not-delivered-my-kickstarter-rewards-and-im-shutting-down-my-company-the-last-10-the-overseas-folks-they-paid-150-each-but-we-totally-miscalculated-cos…

  • {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

    You may also like

    >