Kickstarted

Caveat Backer! Vere Sandals, Overfunded Kickstarter Project, Fails to Deliver

vere sandals

Back in March, a project on Kickstarter for American-made flip flops “with an eye on the environment” raised $56,618 of its $12,000 goal in order to build a sandal-making factory in the small town of Geneva, New York. The creators of Vere Sandals—John Eades and Michael Ferreri, who describe themselves as childhood friends—said they had the equipment and the experience, but needed the money for production costs. The project has had repeated delays with sporadic updates from the founders. Almost 10 months later, many of the 1,091 backers are steaming.  Read More