Quote:
Originally Posted by Matt 26z
I think we all know that charges are on the way at some point. I don't really care about the paysite companies who run these schemes. They have accepted the risks along with the rewards.
What concerns me are all of the blind affiliates who don't realize they are in danger of being charged right along with their sponsors. That is the way it has traditionally worked in mainstream. They target the merchant and also certain affiliates, and it's not necessarily the largest affiliates either.
The $100 PPS looks good, but they need to add a disclaimer;
"What we are doing may one day get us charged by the Federal government. Our affiliates may be named in such a suit. Check this box if you understand the dangers of promoting us."
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I think what is a bigger concern is that someone that is a "veteran" with 25+ years worth of experience is talking about business practices in tech based business, I don't know about you but I have not met a lot of 55-60 years old lawyers that is technical minded.
I really can't see how such a person will understand how to properly separate the good from the bad in this business when the majority of the questions asked will probably be something like "do you think the cross sales is killing our business", "should we run cross sales over or under the accept button" etc etc
This could potentially lead to some major investigations on some of the big players, innocent or not the FTC usually doesn't stop until you settle or run out of cash to run your case.
Wasn't it soulcash that recently won against them but still went out of business?