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Kickstarter Addresses Refunds for Failed Ventures

The responsibility for refunds falls on project creators

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After concerns were raised about where donors' money goes if Kickstarter projects are never finished, the crowd-source funding platform addressed its accountability today.

"The number of creative projects that have been funded and produced on Kickstarter in the past three years is enormous," the company's co-founders, Perry Chen, Yancey Strickler, and Charles Adler, wrote in a blog post today. "But of course not every project goes perfectly. Delays do occur, especially with more complicated projects. Some creators get in over their heads dealing with processes that are new to them."