Thousands of ‘Coolest’ Kickstarter backers will only receive $20

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Five years later, it’s time to put a pin in the sage of “Coolest,” the all-in-one entertainment system/cooler that broke crowdfunding records on Kickstarter in 2014. The Oregonian reports that in 2017 the Portland-based company and its founder Ryan Grepper reached a settlement with the Oregon DOJ that included a provision to send just $20 to backers outside the state who never received their promised hardware.

In a message that blames the Trump administration’s tariffs on products made in China, Coolest has finally admitted the remaining 20,000 or so backers (out of 60,000) will never receive their coolers — a statement that comes after it was selling off coolers in a “cyber week” sale at prices of just $100 a few days ago.

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