They were. Ivan's now at Facebook, where everyone assumes he's working on Facebo... | Hacker News

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		sachinag on Oct 2, 2009 \| parent \| context \| favorite \| on: Fundable comes to an ugly end They were. Ivan's now at Facebook, where everyone assumes he's working on Facebook Payments. Abby's probably doing something even cooler, although IDK. BTW, Tipjoy never held the money; they were just a front-end for PayPal, so they didn't have the issues that Fundable apparently is having.

patio11 on Oct 2, 2009 [–]

Tipjoy never held the money

That does not match with my understanding of their business model.

http://tipjoy.com/faq

Look for their instructions on, e.g., cashing out.

sachinag on Oct 2, 2009 | [–]

I guess I only read it early on and didn't see the change. Building a totally new payment system is actually rather impressive.

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