[grizz632]

It's an interesting idea. I read a little on their fees, and there aren't many. If the total money collected is over $1000 they take a 4% fee to cover Paypal charges they incur. Also, the group leader would need a premier or business account so they could receive more than $1000 and would be responsible for the Paypal fees that transaction would garner. Fundable could also send the total money to the group leader by check for a $10 fee. One potential problem I see is that there must be a goal total for the group to reach and the group action expires if the goal total is not met within 2 weeks, but as long as the planning stages of a group buy continue to take place here and then the group action is started on Fundable after all the kinks are worked out I don't really see any downside


http://www.fundable.org/faq