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Is this what it looks like to me? Businesses don't sign up, GoFundMe gets slapped on their Yelp pages, and they have to "claim" the money (without possibly eve
by eternalny1 7y ago
Is this what it looks like to me?
Businesses don't sign up, GoFundMe gets slapped on their Yelp pages, and they have to "claim" the money (without possibly even knowing it is there?).
Meaning all the "unclaimed" money sits in a nice pool for Yelp to happily earn interest on, invest with, or do other things? Or does this money stay with GoFundMe?
If it goes to Yelp and waits to be "claimed", this is indeed outrageous and is not intended to "help" anyone but themselves.
That can't be how it works, or legal, so I must have missed something. Hopefully.
- bowmessage 7y agoI was assuming the money would just go back to the donators if it was never claimed, but that is a much more frightening idea. Hopefully Yelp clarifies.
- droithomme 7y agoYes, the dynamics remind me of all the proposals for "orphaned works" where some agency collects royalties on stuff without a contract and creators are then forced to go beg from them and accept their terms without negotiation, or get nothing. In reality most creators never figure out or are aware of the system and the "facilitating agency" aka den of thieves is raking in billions that are never claimed.
- miguelmota 7y agoWhat yelp is doing is kind of analogous to what brave browser is doing where people can give donations to any publisher website even if the publisher is not signed up with brave, and then brave will reach out to them to claim their donations.
- droithomme 7y agoHave you heard about the small child with cancer? He is dying and wants to see his favorite baseball team before he dies. We are (I am) collecting funds to help him achieve his dream before his tiny life is extinguished. Won't you give what you can today?* Blessings, dear fellow kind human. * Please note I have no connection to him or authorization to hold this fundraiser and if he doesn't contact me to claim the money I guess I'll have to keep it for myself but I'm not going to mention that in my appeal.