View Single Post
Old 06-05-2003, 06:02 AM  
unconnected
Confirmed User
 
Join Date: Aug 2001
Posts: 1,025
True, I understand what you are saying, but in all of the cases that fall under what you describe the money owed was NOT in the tens and tens of millions of US dollars(worth a lot more back then than now). Also something else you have to understand is that Telcoweb is run by some VERY intelligent people, and they saw perhaps what some companies didn't see early on.. And that is that the FTC's actions in 2001 causes the complete downfall of the US dialer industry, which accounted for about 60%+ of all dilaer minutes produced by english websites.

Now, if it had been 20 million bucks say that had to be paid out to keep your reputation, and you knew that you would be able to continue doing the same revenues that you had seen in the past year indefinitely then go nuts, a smart company would do that..HOWEVER the FTC basically destroyed the dialer business in general for english speaking webmasters. Who is going to want to promote a dialer as agressively as they did if it will not produce 60% of the revenue that it used to do? This caused the majority of the big dialer players to switch to other forms of billing, and we lost most all of our clients because they didn't want to promote a product that had shitty results with the US market.

So the question is why would you want to pay out 20 million dollars or so in order to keep your reputation when the FTC just destroyed your whole industry and you are going to loose 80-90% of your client base anyways? It doesn't make sense, and it isn't like telcoweb had 20+ million stashed away anyways, who the hell does?!?

Instead they went quiet, and spent the past 2 years coming out with an amazing and KICK ASS product, which more features than any other dialer out there, and concentrated on the international market for the time being..
__________________
"Computer games don't affect kids; I mean if Pac-Man affected us as kids, we'd all be running around in darkened rooms, munching magic pills and listening to repetitive electronic music."
Kristian Wilson, Nintendo, Inc, 1989
unconnected is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote