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Wedding funding platform SwanLuv wa

Wedding funding platform SwanLuv was not what it seemed
IRL
Wedding funding platform SwanLuv was not what it seemed

Marisa Kabas — Feb 19 at 02.13.15 | Last updated Feb 19 at 02.13.21
SwanLuv logo with dollar signs for wings
One bride-to-be told us it 'seemed like a dream come true.'

It sounded too good to be true: $10,000 towards your dream wedding and the only catch is that you'd have to pay the money back if you got divorced. For couples madly in love and low on funds, this money would make all the difference.

But when it came time for the service's February launch, interested couples got a nasty surprise: there was no money to give.

SwanLuv was the buzz of the Internet in early December 2015, with the Seattle-based startup announcing its grand plans to help brides and grooms-to-be shoulder the cost of their nuptials—pending they stayed married. If they got divorced, they'd have to pay back the money with interest. With stars and dollar signs in their eyes, couples signed up en masse, and received this simple email in return:


Thank you for registering for SwanLuv. We will send you the application to apply through email after we launch in February 2016.

Follow us on social media for the latest SwanLuv updates. :)

Kindest Regards,
SwanLuv Team
The service launched on Monday, the day after Valentine's Day, and couple's flush with love were excited to apply for this hefty sum of money. But when they visited SwanLuv's website and Facebook page, an announcement revealed that it had, in Silicon Valley-speak, pivoted. Instead of offering $10,000 out of its own funds, it would allow couples to crowdfund their weddings via SwanLuv, with the company presumably getting a cut of the money raised. And if a couple divorces, they must pay the money back to the donors. Not only were they not getting money, they would have to do much of the heavy lifting.


When you try to visit SwanLuv.com, you get a message saying the webpage is not available. But a Facebook post from Tuesday lives on.


On Wednesday, founder Scott Avy took to Facebook to clarify the company’s change of heart. He wrote:

Hi All,

We sincerely apologize to anyone we have upset by adjusting our funding platform.

The initial business plan was to provide a lending model, “Receive funds up to $10,000 towards your dream wedding for FREE (paid by members that don't stay married)."

Due to overwhelming demand (nearly two billion dollars at $10,000 per couple) and unanticipated legal regulations/restrictions in the lending space, rather than pull out we came up with a tool we believe still helps couples with their wedding financing.

Before adjusting our funding platform to a wedding crowdfunding model, we released surveys asking our users if wedding crowdfunding is something they would consider. The results showed a relatively high percentage of users are interested in a wedding crowdfunding platform. We have been working hard on developing the new model “Wedding Crowdfunding Platform."

Unfortunately, under the crowdfunding model our servers have had trouble keeping up with demand. Our apologies if you have had to wait or have been unable to get through to our site. We are currently working on a stable solution to the volume of site traffic we are experiencing.
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Wedding funding platform SwanLuv was not what it seemedIRLWedding funding platform SwanLuv was not what it seemedMarisa Kabas — Feb 19 at 02.13.15 | Last updated Feb 19 at 02.13.21SwanLuv logo with dollar signs for wingsOne bride-to-be told us it 'seemed like a dream come true.' It sounded too good to be true: $10,000 towards your dream wedding and the only catch is that you'd have to pay the money back if you got divorced. For couples madly in love and low on funds, this money would make all the difference. But when it came time for the service's February launch, interested couples got a nasty surprise: there was no money to give.SwanLuv was the buzz of the Internet in early December 2015, with the Seattle-based startup announcing its grand plans to help brides and grooms-to-be shoulder the cost of their nuptials—pending they stayed married. If they got divorced, they'd have to pay back the money with interest. With stars and dollar signs in their eyes, couples signed up en masse, and received this simple email in return:Thank you for registering for SwanLuv. We will send you the application to apply through email after we launch in February 2016.Follow us on social media for the latest SwanLuv updates. :)Kindest Regards,SwanLuv TeamThe service launched on Monday, the day after Valentine's Day, and couple's flush with love were excited to apply for this hefty sum of money. But when they visited SwanLuv's website and Facebook page, an announcement revealed that it had, in Silicon Valley-speak, pivoted. Instead of offering $10,000 out of its own funds, it would allow couples to crowdfund their weddings via SwanLuv, with the company presumably getting a cut of the money raised. And if a couple divorces, they must pay the money back to the donors. Not only were they not getting money, they would have to do much of the heavy lifting.When you try to visit SwanLuv.com, you get a message saying the webpage is not available. But a Facebook post from Tuesday lives on.On Wednesday, founder Scott Avy took to Facebook to clarify the company’s change of heart. He wrote:Hi All,We sincerely apologize to anyone we have upset by adjusting our funding platform.The initial business plan was to provide a lending model, “Receive funds up to $10,000 towards your dream wedding for FREE (paid by members that don't stay married)."Due to overwhelming demand (nearly two billion dollars at $10,000 per couple) and unanticipated legal regulations/restrictions in the lending space, rather than pull out we came up with a tool we believe still helps couples with their wedding financing.Before adjusting our funding platform to a wedding crowdfunding model, we released surveys asking our users if wedding crowdfunding is something they would consider. The results showed a relatively high percentage of users are interested in a wedding crowdfunding platform. We have been working hard on developing the new model “Wedding Crowdfunding Platform."Unfortunately, under the crowdfunding model our servers have had trouble keeping up with demand. Our apologies if you have had to wait or have been unable to get through to our site. We are currently working on a stable solution to the volume of site traffic we are experiencing.
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Hasil (Bahasa Indonesia) 2:[Salinan]
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Dana pernikahan Platform SwanLuv tidak apa tampaknya
IRL
dana pernikahan Platform SwanLuv tidak apa tampaknya

Marisa Kabas - 19 Feb di 02.13.15 | Terakhir diperbarui 19 Februari di 02.13.21
logo SwanLuv dengan tanda dolar untuk sayap
Satu pengantin-to-be mengatakan kepada kami '. Tampak seperti mimpi yang menjadi kenyataan' Kedengarannya terlalu bagus untuk menjadi kenyataan: $ 10,000 terhadap pernikahan impian Anda dan satu-satunya menangkap adalah bahwa Anda harus membayar uang kembali jika Anda bercerai. Untuk pasangan jatuh cinta dan rendah pada dana, uang ini akan membuat semua perbedaan. Tapi ketika tiba waktunya untuk peluncuran Februari layanan ini, pasangan yang tertarik mendapat kejutan buruk: tidak ada uang untuk diberikan. SwanLuv adalah buzz Internet pada awal Desember 2015, dengan startup yang berbasis di Seattle mengumumkan rencana besar untuk membantu mempelai wanita dan pria-to-be memikul biaya mereka pernikahan-pending mereka tinggal menikah. Jika mereka bercerai, mereka harus membayar kembali uang dengan bunga. Dengan bintang dan tanda dolar di mata mereka, pasangan mendaftar secara massal, dan menerima email sederhana ini balasannya: Terima kasih telah mendaftar untuk SwanLuv. Kami akan mengirimkan aplikasi untuk mendaftar melalui email setelah kami meluncurkan pada bulan Februari 2016. Ikuti kami di media sosial untuk update SwanLuv terbaru. :) Salam Baik, SwanLuv Tim Layanan diluncurkan pada hari Senin, sehari setelah Hari Valentine, dan siram pasangan dengan cinta bersemangat untuk mengajukan jumlah besar dan kuat uang ini. Tapi ketika mereka mengunjungi SwanLuv ini situs dan halaman Facebook, pengumuman mengungkapkan bahwa itu, di Silicon Valley-berbicara, berputar. Alih-alih menawarkan $ 10.000 dari dana sendiri, itu akan memungkinkan pasangan untuk crowdfund pernikahan mereka melalui SwanLuv, dengan perusahaan mungkin mendapatkan potongan dari uang yang dikumpulkan. Dan jika beberapa perceraian, mereka harus membayar uang kembali ke donor. Tidak hanya mereka tidak mendapatkan uang, mereka harus melakukan banyak angkat berat. Ketika Anda mencoba untuk mengunjungi SwanLuv.com, Anda mendapatkan pesan yang mengatakan halaman web tidak tersedia. Tapi posting Facebook dari Selasa hidup. Pada hari Rabu, pendiri Scott Avy mengambil ke Facebook untuk mengklarifikasi perubahan perusahaan dari jantung. Dia menulis: Hi All, . Kami sungguh-sungguh meminta maaf kepada siapa pun kita telah marah dengan menyesuaikan Platform pendanaan Rencana bisnis awal adalah untuk menyediakan model pinjaman, "Menerima dana sampai $ 10.000 terhadap pernikahan impian Anda secara GRATIS (dibayar oleh anggota yang don ' t tetap menikah). " Karena berlebihan permintaan (hampir dua miliar dolar pada $ 10,000 per pasangan) dan peraturan hukum yang tak terduga / batasan dalam ruang pinjaman, daripada mengeluarkan kami datang dengan alat kami yakin masih membantu pasangan dengan pembiayaan pernikahan mereka . Sebelum menyesuaikan platform pendanaan untuk model pernikahan crowdfunding, kami merilis survei meminta pengguna kami jika pernikahan crowdfunding adalah sesuatu yang mereka akan mempertimbangkan. hasil penelitian menunjukkan persentase yang relatif tinggi pengguna tertarik platform pernikahan crowdfunding. kami telah bekerja keras pada mengembangkan model baru "pernikahan crowdfunding platform." Sayangnya, di bawah model crowdfunding server kami memiliki kesulitan menjaga dengan permintaan. Kami mohon maaf jika Anda harus menunggu atau tidak mampu untuk mendapatkan melalui ke situs kami. Kami sedang bekerja pada sebuah solusi yang stabil dengan volume lalu lintas situs yang sedang kita alami.
































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