Press

"This company lets you set up pledge funds to which people contribute. For example, say you want to go in with some people on $800 worth of airline tickets to send your newly married friends on their honeymoon. With Fundable, you set up a group, define a deadline to raise the funds, and people pledge amounts to it, using either credit cards or PayPal."

Fundable has passed a combined 1000 bookmark point on del.icio.us, a social bookmarking web site owned by Yahoo.

"In fact, Fundable seems like the natural consequence of two important trends: the popularity of social-networking sites and the growth of online fund-raising, which generated roughly $3 billion for nonprofits in 2004, according to consulting firm Kintera."

Business, Money, and eCommerce: Honorable Mention.

"What the site does is help bring together like-minded individuals in an online collaborative environment to make dream projects come to life. Recently, we spoke to Fundable's co-founder John Pratt who started the website with his partner Louis Helm."

"But Dave the White Asian's campaign speaks more eloquently, in the end, to what makes Fundable part of a watershed in contemporary economic history. Like eBay, craigslist.org, and other open online exchanges, Fundable chips away at the role of corporate-size intermediaries, nudging commerce the exchange not only of money and goods but of ideas and sentiments back toward its highly personal roots."

American Public Media's

"This is a way cool idea in the vein of micro-economy."

(full article)

"Raise cash for a shared beach house, a group skydiving trip or a communal margarita machine by creating an all-or-nothing fundraising campaign at fundable.org. Set a economic goal--say, $1,000 to rent a house--and ask pals to contribute. Everyone who wants to pitch in does so through the Website, and if enough do, you're sipping margaritas! If not, everyone gets their money back, and nothing's lost, except maybe an awesome time."

"Interesting way to pool resources with a money-back guarantee."