“SXSW has a firm no-refund policy”
twitter.com
twitter.com
I mean, this year's experience included activities like $20 taco, guess the gluten allergy, and name-that-e-scooter-startup.
Not to worry!! 95% of all SXSW badges where purchased by VC backed social media managers where no one will actually give 2 shakes of a lambs tail when SXSW doesn't issue a refund. Their experience will be turned into a long format medium article outlining the companies personal struggle of grieving and loss caused by #COVID19.
https://en.wikipedia.org/wiki/Credit_score_in_the_United_Sta...
If I buy a sandwich from you and you take my money, the transaction isn't complete until you give me the sandwich ordered, regardless of your refund policy.
Even if they said, hey, we're trying to get X refund for Y site and facilities... we're expecting to be able to give refunds of Z% of your deposit amounts (expect at least 50-80%. I would think most reasonable businesses would accept that. A total forfeiture, someone is making money off of this and definitely not doing anything to earn it.
In the US, the terms of service, policy, EULA, whatever, carries very, very little weight compared to the fraud committed by the seller. If you sell someone a thing, you provide them the thing, or the buyer chargebacks.
They’re already clearly profit driven. This type of behavior is just the cherry on top.
Their insurance won't cover them.
And I don't think you can blame SXSW for not having Pandemic or War etc etc insurance, that seems pretty normal.
"South by Southwest's cancellation this year will not be covered by insurance, founders Nick Barbaro and co-founder and managing director Roland Swenson confirmed to the Austin Chronicle Friday. (Barbaro is publisher the paper's publisher.)
On Friday, Austin Mayor Steve Adler announced the March 13-22 interactive, film and music festival that takes place throughout Austin was being canceled by city and county officials over concerns about the spread of the coronavirus. After the announcement, Barbaro told the paper that the SXSW organization does not have event cancellation insurance that covers disease outbreaks or city-wide emergency declarations."
https://www.billboard.com/articles/business/touring/9330212/...
> The winner sued the New Hampshire Lottery last month under the name of Jane Doe, in a bid to collect the winnings through a trust to protect her anonymity.
Just because it's in writing -- it doesn't mean it's always enforceable.
https://money.cnn.com/2018/03/12/news/powerball-winner-anony...
[1] - https://twitter.com/patio11/status/1237201843131797505
This person needs to spend less time using childish turns of phrase on the internet and more time understanding the contracts he enters his business into.
If the screenshot of SXSW's force majeure language is real, his attitude has evaporated any sympathy I otherwise had.
It is just one guy's Twitter feed.
> more time understanding the contracts he enters his business into
Sure, he is in no way going to get his money, but I would have expected a refund without reading the fine print. Some Fyre Festival goers got money back, and that event did actually happen (in some sense of the word).
It is surprising that SXSW did not have insurance to cover refunds, but if you never give refunds you probably don't need insurance and get to walk away with some profit.