The man who monetizes data

#1

Post by webtickle » Thu, Dec 17, 2009, 9:07 PM UTC

Re: The man who monetizes data

#2

Post by eli » Thu, Dec 17, 2009, 10:08 PM UTC

Interesting. I can't watch the video right now, but I hope it gets into the details of what they actually do.

http://revenuegrp.com/ is just a few pages of hand-wavey marketing speak. And the fact that "Payday Loans" is one of their key verticals doesn't inspire confidence.

Re: The man who monetizes data

#3

Post by kw_ » Thu, Dec 17, 2009, 10:58 PM UTC

I couldn't get past the point where he's going on about doing lead-gen for payday loans.

I care about creating value far more than I care about making money. In my eyes, $500k earned by creating value is far sweeter than $5m acquired by helping loan sharks.

I'm not sure if this guy had anything interesting to say, but I'm canceling my wife's shopify account based on this interview. I'd recommended them on the basis that they were simple and not horrible... but I don't want a nickel going to this guy.

he can have his payday loans... but he can't have my dollars too.

Re: The man who monetizes data

#4

Post by vaksel » Thu, Dec 17, 2009, 11:07 PM UTC

kw_ wrote: post #3

I couldn't get past the point where he's going on about doing lead-gen for payday loans. I care about creating value far more than I care about making money. In my eyes, $500k earned by creating value is far sweeter than $5m acquired by helping loan sharks. I'm not sure if this guy had anything interesting to say, but I'm canceling my wife's shopify account based on this interview. I'd recommended them on the basis t…

the only thing i got out of it, is that basically relationships will help you jump start your business.

Re: The man who monetizes data

#5

Post by kw_ » Thu, Dec 17, 2009, 11:14 PM UTC

vaksel wrote: post #4

kw_ wrote: post #3

I couldn't get past the point where he's going on about doing lead-gen for payday loans. I care about creating value far more than I care about making money. In my eyes, $500k earned by creating value is far sweeter than $5m acquired by helping loan sharks. I'm not sure if this guy had anything interesting to say, but I'm canceling my wife's shopify account based on this interview. I'd recommended them on the basis t…

the only thing i got out of it, is that basically relationships will help you jump start your business.

I appreciate your summary. I just can't take anybody seriously once they mention payday loans.

Re: The man who monetizes data

#6

Post by vaksel » Thu, Dec 17, 2009, 11:24 PM UTC

kw_ wrote: post #5

vaksel wrote: post #4

Earlier quoted context omitted.

the only thing i got out of it, is that basically relationships will help you jump start your business.

I appreciate your summary. I just can't take anybody seriously once they mention payday loans.

I think every big company has done "unethical" things like this in their past.

Then once they get big, they clean up their image.

It's like Google first few years of adwords they pretty much let anything go, then once they became a big player they cleaned up their image and banned all those ads.

Re: The man who monetizes data

#7

Post by aaronblohowiak » Thu, Dec 17, 2009, 11:33 PM UTC

kw_ wrote: post #3

I couldn't get past the point where he's going on about doing lead-gen for payday loans. I care about creating value far more than I care about making money. In my eyes, $500k earned by creating value is far sweeter than $5m acquired by helping loan sharks. I'm not sure if this guy had anything interesting to say, but I'm canceling my wife's shopify account based on this interview. I'd recommended them on the basis t…

Shopify sponsors the interviewer, I don't see any relation to the interviewee.

Re: The man who monetizes data

#8

Post by aaronblohowiak » Thu, Dec 17, 2009, 11:34 PM UTC

vaksel wrote: post #6

kw_ wrote: post #5

Earlier quoted context omitted.

I appreciate your summary. I just can't take anybody seriously once they mention payday loans.

I think every big company has done "unethical" things like this in their past. Then once they get big, they clean up their image. It's like Google first few years of adwords they pretty much let anything go, then once they became a big player they cleaned up their image and banned all those ads.

Facebook did this as well, as did Zynga.

Re: The man who monetizes data

#9

Post by aaronblohowiak » Thu, Dec 17, 2009, 11:35 PM UTC

eli wrote: post #2

Interesting. I can't watch the video right now, but I hope it gets into the details of what they actually do. http://revenuegrp.com/ is just a few pages of hand-wavey marketing speak. And the fact that "Payday Loans" is one of their key verticals doesn't inspire confidence.

Lead Gen. You sell the contact information for people who express an active interest in a high-margin good to the seller of such goods.

Re: The man who monetizes data

#10

Post by thechangelog » Fri, Dec 18, 2009, 12:44 AM UTC

kw_ wrote: post #3

I couldn't get past the point where he's going on about doing lead-gen for payday loans. I care about creating value far more than I care about making money. In my eyes, $500k earned by creating value is far sweeter than $5m acquired by helping loan sharks. I'm not sure if this guy had anything interesting to say, but I'm canceling my wife's shopify account based on this interview. I'd recommended them on the basis t…

"I'm canceling my wife's shopify account" ?!

I don't know your wife, but I'd certainly ask mine before closing her (hypothetical) business.