Quote:
Originally posted by gothweb
This is totally unreasonable. Here are some questions... You think that thousands of small sites should "band" together? Exactly how would that work? Who would own the corporation? Would it be anything but another provider like CCBill? Why should I trust a bunch of strangers just because their sites are also small?
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i think that maybe 5 webmasters should band together, per company. i could go get $200 out of an ATM right now and i'm sure 4 others could as well. get another few hundred from each to hire a lawyer to draft up some basic S corp docs. part of getting those other 4 webmasters is deciding how much of the corp you'd offer them.. some maybe 10% some maybe 35%.
it wouldn't be another provider - it'd be just like you had 5 sites instead of just 1 all using the same CCBill setup.
to CCBill/Visa you'd be just like the big boys, which are all multli-person corporations or LLCs.
trust, well, that's something you'd have to work on as well. make sure your by-laws allow for you to kick someone out if they violate certain rules.
hell, you don't have to go with my idea. i'm just throwing it out there as a way for small sites to keep afloat throughout this. i'd wager most will just shut down, but i think the smart ones will see the opportunity and seize it.