GoFuckYourself.com - Adult Webmaster Forum - View Single Post - IBILL UPDATE....Not in a position to Pay?

skeet · 01-30-2005, 04:20 PM

It?s almost over. The insurance policy that covers the principals expires very soon. No one left wants to be on the hook.

It?s a ghost town in Deerfield?. But WTFRC right ;)

It?s sad when a handful of people get richer while the worker bees that built the company are left wondering if they will even get paid.

You guys need to stop pointing fingers at the people left at iBill. The people that started this train wreck are long gone. Some are still in this industry while others have moved on.

Intercept stepped into a huge pile of shit and did not have the talent to get out.

Here is a little known fact about iBill. 80% of the revenue was brought in by 5% of the client base. So think about it? Almost all you guys are nobodies, well in iBill?s eyes. The nobodies who's clean transactions helped make up for the big guys misc scams in the monthly charge back reports. A whole other story!

So now you have 5% of the client base driving the direction of the company against the coming wave of new Visa and Master Card regulations. How could the client drive the direction of the company you ask? Well you see that?s what happens when you give sales people control of a company. Nothing but the commission matters. The client says something like ?give me three pre-checked cross sells on the pay page or I?ll leave?, the sales rep cries like a bitch about it hoping/knowing management will shit a brick when their #3 has threatened to leave. Once the smoke clears they go back to their cube to figure out what their next commission check will be.

After years of saying one thing to Visa and MasterCard and doing another it?s caught up to you. At the end of the day you can?t get a bank to deal with you?. I wonder why?

You think you know? But you really have NO idea!!

01-30-2005, 04:20 PM
skeet Registered User Join Date: Feb 2002 Location: Earth Posts: 89	It?s almost over. The insurance policy that covers the principals expires very soon. No one left wants to be on the hook. It?s a ghost town in Deerfield?. But WTFRC right ;) It?s sad when a handful of people get richer while the worker bees that built the company are left wondering if they will even get paid. You guys need to stop pointing fingers at the people left at iBill. The people that started this train wreck are long gone. Some are still in this industry while others have moved on. Intercept stepped into a huge pile of shit and did not have the talent to get out. Here is a little known fact about iBill. 80% of the revenue was brought in by 5% of the client base. So think about it? Almost all you guys are nobodies, well in iBill?s eyes. The nobodies who's clean transactions helped make up for the big guys misc scams in the monthly charge back reports. A whole other story! So now you have 5% of the client base driving the direction of the company against the coming wave of new Visa and Master Card regulations. How could the client drive the direction of the company you ask? Well you see that?s what happens when you give sales people control of a company. Nothing but the commission matters. The client says something like ?give me three pre-checked cross sells on the pay page or I?ll leave?, the sales rep cries like a bitch about it hoping/knowing management will shit a brick when their #3 has threatened to leave. Once the smoke clears they go back to their cube to figure out what their next commission check will be. After years of saying one thing to Visa and MasterCard and doing another it?s caught up to you. At the end of the day you can?t get a bank to deal with you?. I wonder why? You think you know? But you really have NO idea!!