In their words:
Fundable is a new service that lets groups of people pool money for various purposes in what are called “group actions.” Similar to an online auction, a group action has its own page, describing how much money will be collected and what the money will do. No participant takes a risk: if the collection for a group action falls short of its target on deadline, all money is refunded.
Fundable’s all-or-nothing approach to collecting money lets you participate in a group purchase or fundraiser without worrying about what other people will do. You will either get what you paid for or get your money back.
Right now you use it through the site, but they promise an open-source release of the software soon, so you can run your own Fundable server if you wish.Posted by Jason Lefkowitz at May 17, 2005
If you think anything I write here represents the opinions of anybody but myself, you need more help than I can give you. The opinions are all mine, folks. Nobody else's. ESPECIALLY not my employer's.
If that's too hard to understand... well, I'm sorry. There's only so much I can do. I'm not a therapist, and I'm not a miracle worker. (Unless you consider staying employed in this economy a miracle.) I wish I could help you work through your delusional belief that I'm speaking for anyone else but myself. Honestly, I do. But in the end, that's a monkey you'll have to get off your back on your own. Sorry.