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Tilt is shutting down

blog.tilt.com

31–40 of 53 posts

Re: Tilt is shutting down

#31
post #19

I was a huge fan of Tilt and used them for multiple campaigns (mostly social fundraising things, like if a bunch of my friends were going camping we'd dump the bar tab on there, and it was fantastic for burning man camp fundraising). I have to say I'm super disappointed in Airbnb buying and then destroying this company, especially with the shockingly small amount of notice. Between their new logo, their ill conceived…

> the ability for their platform to facilitate racism Hunh? Care to elaborate on a) what specifically AirBNB does to facilitate racism, and b) what you'd expect them to change about their 'platform' to stop people from being horrible?

As a property lister, you are able to see the profile pic and name of the person asking to rent from you. This enables people to decide based on race/sexism pretty easily.

Re: Tilt is shutting down

#32
post #6

> You can also initiate withdrawals for any collected funds to your bank account through the Tilt platform until June 12, 2017. I highly doubt that is legal. If you hold third party funds you can't just make some arbitrary statement or the money is yours. They will have to make a reasonable effort to reach the affected parties and they will have to give them ample time to withdraw their funds.

Deadline to withdraw easily via the existing platform. After that.... since Tilt is technically acquired, and not bankrupt, you can still get your money but you'll have to use slow offline legal methods like sending certified letters, or going through ombudsmen.

Re: Tilt is shutting down

#33
post #11

2 weeks to withdraw your money ? That's just ridiculous. Some people are on holidays, some are sick, some are just unable to do it in such a small timeframe...

There's a chance their customers were told earlier. I assume they'd also make an effort to reach out to people with balances as the deadline approached.

Nope. I was not told earlier.

Re: Tilt is shutting down

#34
post #19

I was a huge fan of Tilt and used them for multiple campaigns (mostly social fundraising things, like if a bunch of my friends were going camping we'd dump the bar tab on there, and it was fantastic for burning man camp fundraising). I have to say I'm super disappointed in Airbnb buying and then destroying this company, especially with the shockingly small amount of notice. Between their new logo, their ill conceived…

> the ability for their platform to facilitate racism Hunh? Care to elaborate on a) what specifically AirBNB does to facilitate racism, and b) what you'd expect them to change about their 'platform' to stop people from being horrible?

>Hunh? Care to elaborate on a) what specifically AirBNB does to facilitate racism, and b) what you'd expect them to change about their 'platform' to stop people from being horrible?

They are aware of a problem with some hosts discriminating against certain guests. Here is an article describing some things they're trying to combat this in California in particular.

https://www.usatoday.com/story/tech/news/2017/04/28/airbnb-l...

Re: Tilt is shutting down

#38
post #6

> You can also initiate withdrawals for any collected funds to your bank account through the Tilt platform until June 12, 2017. I highly doubt that is legal. If you hold third party funds you can't just make some arbitrary statement or the money is yours. They will have to make a reasonable effort to reach the affected parties and they will have to give them ample time to withdraw their funds.

Why would someone reading this assume that they will do something illegal? Why is that the conclusion that _anyone_ jumps to?

Considered, if possible, that if money isn't out by the deadline that they will do… some other legal and responsible thing with the money. Hand it over the the governing jurisdiction as "unclaimed property"? More pro-actively reach out to people?

Nothing in this statement says they are going to do something illegal. There is no "…or we'll keep it". That line isn't in there. Your mind had to fabricate it.

I don't understand the desire to actively interpret things in the worst possible way. When I read stuff like this my entire emotional reaction is "…okay". My mental model for the state of the world has been mutated, fine. Some people seem to read stuff and want to fight with whoever wrote it. It's a press release. It was a mildly important three hours of two people's day. They do not have time to deal with people who set out to misinterpret their intentions. How does anyone have time for this? Why am I still typing!

Re: Tilt is shutting down

#39
post #38
post #6

> You can also initiate withdrawals for any collected funds to your bank account through the Tilt platform until June 12, 2017. I highly doubt that is legal. If you hold third party funds you can't just make some arbitrary statement or the money is yours. They will have to make a reasonable effort to reach the affected parties and they will have to give them ample time to withdraw their funds.

Why would someone reading this assume that they will do something illegal? Why is that the conclusion that _anyone_ jumps to? Considered, if possible, that if money isn't out by the deadline that they will do… some other legal and responsible thing with the money. Hand it over the the governing jurisdiction as "unclaimed property"? More pro-actively reach out to people? Nothing in this statement says they are going t…

I don't understand the desire to assume other people's interpretations are the results of them desiring to interpret things that way rather than having just interpreted them that way naturally.

Re: Tilt is shutting down

#40
post #8

Earlier quoted context omitted.

Paypal eventually always pays out, I've yet to hear of a confirmed case where they eventually did not pay out though they can hold on to the money for an unreasonably long time. All the cases that I'm personally familiar with the money eventually turned up. In some cases this took 6 months. That doesn't excuse them but they do have some responsibilities, especially since here in the EU they are seen as a bank and hav…

He may be referring to their "seller protection policy" which claims that anything sold without a shipping tracking number (AKA anything virtual) will always be refunded in the cases of a chargeback (even one through paypal's site, not through the credit card company). This means that if a buyer charges back on a virtual sale, the buyer always wins. Even large companies such as Valve are affected by this[0] [0]: http…

This is de-facto the case with almost any fiat online payment. It is rare for a bank/card issuer to rule against a consumer in a dispute. No one should start a business believing they'll be able to successfully challenge more than the tiny number of flagrantly and obnoxiously fraudulent chargebacks.
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