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All in all, not a positive portrayal of the SEO business, and bound to make our professional SEO members a little touchy. Read it quick, before Salon goes out of business.
(And I noticed something on the second page of the story that some of you will really dislike: Instead of linking to Website Results' current site, Salon links to a 2-year old version via the Wayback Machine. And you guys didn't think archive.org was useful.)
its another sad reminder of why the "internet boom" of the late 90s collapsed the way it did. on a lighter note, i thought it was one of the funniest stories i've ever read about a shotty business. i'm thinking of making it into a movie
You can call it 'The Punisher' ;)
Methods such as this are still rampant in our industry. The tactics have changed but the underlying scams are still there.
Excellent article. I wonder where the culprits are today. With 95 million, I guess it doesn't matter!
I believe the article said 24/7 reposessed most of the stock, so hopefully those guys aren't doing too well...
The earnings/interest off of 95 million for a short period of time would be more than enough for all of them to retire for life. And, they can make all the movies they want!
I'll bet there are a couple of more stories like this before the year ends. ;)
Much of the story - until just after it was sold to 24/7 was told here in the forums. Many of the facts laid out here, were in that Salon story. <snip> The story was also shopped to a couple other big tech outlets and they passed on it.
I'm real glad to see someone of Salons caliber pick up on it with such good indepth reporting. Hat's off to Brian McWilliams.
[edited by: Brett_Tabke at 3:53 am (utc) on July 2, 2002]
>>i'm thinking of making it into a movie
>>You can call it 'The Punisher'
Hehehe. A movie made about them would just get their egos more inflated...
joined:Sept 20, 2000
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