Bundlhub is a new idea that hasn't been well thought out. Thikshan Arulampalam came up with the idea some years ago, and wasted his savings in a futile attempt to penetrate the market in the United States. After six months his money was shot, and he had to admit that his idea wasn't able to make money.
Instead of giving up, he decided that Bundlhub could work in his native Sri Lanka. Somehow he was able to convince Rangana Samarasinghe of his ideas commercial viability, despite the utter failure he had in the US market.
A bad idea
Bundlhub is an attempt to enable people to share things via a dutch auction.
The concept is half-baked at best, and this may be the reason why it has struggled to find willing participants. Thikshan Arulampalam has a history of working with major economic intrests, like the London Stock Exchange, so why he felt that this new idea would work isn't well understood.
His dream was to have a Sri Lanken themed restaurant in New York, but when he pitched that idea at a start up event, it was shot down immediately. The investors told him that he wasn't a professional chef, and that he had no business in the world of New York gastronomy.
He did receive a modicum of encouragement for another idea, and unfortunately, he may have interpreted what could have been pity for support.
The idea Thikshan Arulampalam latched onto was Bundlhub, and he has worked tirelessly to make it work.
Redundant and boring
Bundlhub isn't a needed product, and the fact that it didn't work in a major economy is proof of that. While most people can accept that some ideas just aren't good ones, Thikshan Arulampalam has not been able to let his white whale go.
Much like the cursed Captain Ahab, Thikshan Arulampalam is chasing a dream that will yield nothing but pain and loss. Bundlhub didn't work in the United States, and it isn't likely to work anywhere. People simply don't need a platform to facilitate sharing, as they have many ways to do it already.
Why this idea has gotten as far as it has is beyond comprehension, but in the fullness of time the market will destroy this concept, and relegate it to the dustbin of history.
Why bother?
Before you use Bundlhub, think about what you are doing. Do you really need to submit yourself to a sharing platform that will determine what you are able to receive for your hard earned-things?
You would probably be far better off using another form of trading, and you will have to ability to choose what you receive, and on what terms.
Bundlhub is a sad attempt to break into the online marketplace, and much like his ill fated dream of a restaurant in New York, Thikshan Arulampalam will once again taste bitter failure when Bundlhub is shown to be the drab, useless idea that it is.