Tuesday, May 17, 2005

New idea

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Welcome to Fundable

The idea is to give groups of people an organized way to buy something together. This graphic summarizes the idea very nicely (click for full view):

It is not a perfect idea, or a perfect implementation, but it is still interesting to think about.

This could be used for collective bargaining with manufacturers to buy products at actual wholesale prices (as opposed to the 'wholesale' at places like Sam's Club).

If it is successful, I predict Wal-Mart will adopt the model and start putting pressure on its human customers in a similar way it does its business customers (who 'buy' floor space from them).
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Do you agree with that?

-The wholesale man
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