Pretty one-sided, but I suppose a domain name can only belong to one side of any argument.
For the uninitiated, Fundable was a site where you could input a dollar amount and accept donations towards that 'goal'. If the goal wasn't reached within a certain time period, the money was returned to the individual donors. If the goal was reached, the money was released to whoever initiated the campaign, minus a hefty 7% commission fee.
As far as I could tell (I used it back in 2007 but quickly jumped ship when I realized how rickety it was) it was pretty much a giant Paypal API with bad UX and even worse customer service.
I don't think so -- Fundable was targeted toward much larger transactions ($5k+ campaigns weren't rare, iirc) and specifically set up to 'self destruct' if the goal wasn't met.
So for example, if you had a small neighborhood looking to fund the purchase of a $5,000 water well and they only raised $4,000, everyone who donated was supposed to get their money back.
For the uninitiated, Fundable was a site where you could input a dollar amount and accept donations towards that 'goal'. If the goal wasn't reached within a certain time period, the money was returned to the individual donors. If the goal was reached, the money was released to whoever initiated the campaign, minus a hefty 7% commission fee.
As far as I could tell (I used it back in 2007 but quickly jumped ship when I realized how rickety it was) it was pretty much a giant Paypal API with bad UX and even worse customer service.