The  CST-01. (Photo: Kickstarter)
Innovation

Did the Creators of a $1M Kickstarter Botch Production or Blow the Cash on Mojitos?

It’s now been more than two years since the watches should’ve shipped, but backers are confused, skeptical, furious and above all, watch-less. Even the earliest supporters haven’t received theirs, yet the money is supposedly gone, and with it, the faith of the once incredibly loyal backers. Those who once accepted the barrage of delays and excuses and even offered to invest more money to help with production have jumped ship. The campaign page is flooded with demands for answers and refunds, and some backers are accusing the two founders of running off to blow the cash on poolside mojitos while others are even looking at the possibility of a lawsuit.

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