Fundable comes to an ugly end • Hacker News Board

Re: Fundable comes to an ugly end

#81

Post by jjames » Sat, Oct 03, 2009, 1:34 AM UTC

Here is the boing boing post referenced in the original farewell message: http://boingboing.net/2009/08/22/fundable-rips-off-hu.html

Comments #5, #13, #23, #25, #30 and #31 between Mr. Pratt and Cory Doctorow are the relevant bits. I'm sure there is lesson here about mega-blog PR.

Re: Fundable comes to an ugly end

#82

Post by jrockway » Sat, Oct 03, 2009, 2:33 AM UTC

maukdaddy wrote: post #79

jrockway wrote: post #70

This is exactly why I will never go into business with a non-technical person. This site is exactly what I think of when I think "business person".

That's a piss-poor attitude.

Just so you know, at the time you posted this comment the site had changed from what it was when I posted my comment.

When I commented, the link was to a rant about how the programmer screwed over the business with bad code.

Re: Fundable comes to an ugly end

#83

Post by justinhj » Sat, Oct 03, 2009, 3:51 AM UTC

billclerico wrote: post #67

justinhj wrote: post #65

Earlier quoted context omitted.

you should tell paypal about that

paypal is a registered bank

Not in the US it isn't.

Re: Fundable comes to an ugly end

#84

Post by dschobel » Sat, Oct 03, 2009, 3:49 PM UTC

Kind of frighteningly, it's now back up in it's original form, ready to take your money again.

Re: Fundable comes to an ugly end

#85

Post by crucini » Mon, Oct 05, 2009, 5:35 PM UTC

edw519 wrote: post #62

In spite of all the issues this case raises, only one popped out at me... Team of 2: 1 programmer + 1 non-programmer = bad combination. Maybe I'm a little old fashioned, but in a 2 person web startup, both should be programmers. I'm certainly not suggesting that this is what caused this situation, but it sure didn't help... Since only one programmed, the probability of future difficulties increased dramatically, and…

I wouldn't endorse that.

A lot of successful partnerships had clear division of responsibility - often an "inside man" and an "outside man".

The inside man handles the employees, bookkeeping and systems. The outside man handles sales.

When two cooks are responsible for the same pot, there's trouble. And unwatched pots.

There are many variations on the good pattern - take McDonald's. Ray Kroc handled the franchisees and systems, while CEO Harry Sonneborn handled the money, real estata and investors.

Re: Fundable comes to an ugly end

#86

Post by gwtwscrltt » Mon, Oct 19, 2009, 6:41 PM UTC

John Pratt and his company FUNDABLE NEVER SENT ME A CHECK for the $400.000 raised. It was raised JULY 27 2009 AND THIS IS OCTOBER 18 2009. He will not reply to any emails and the company has NEVER had a way to SPEAK to anyone EVER. I am sure i am just one of many people who have had their money stolen from FUNDABLE. I would like to start a class action suit and am looking into creating a website so that we (ripped off people) can all find each other. He is a common THIEF. This is not a story of basement company gone awry. This is a story of outright plundering of peoples wallets and then walking away and thinking there is no consequence. WHERE IS THE 400.00 ALL THIS TIME? Anyones guess but it (minus their huge 10percent cut) is NOT in my hands nor supporting the rescue dog SY that it was intended for. DO NOT USE FUNDABLE EVER.