Didn't realize that @RadPad also got sued by @Craigslist. Too bad; I liked RadPad! https://techcrunch.com/2017/01/12/radpad-gets-acquired-by-landlord-station-after-nearly-shutting-down/ …
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Although wonder how much of
@RadPad's $1.8MM revenue was /r/churning... https://www.reddit.com/r/churning/comments/4wz855/ms_announcement_radpad_now_free_for_credit_cards/?ref=search_posts …
That revenue could have been very unprofitable. I remember looking into payments @PadMapper and the margins are so low & fraud so costly...
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Well, there's a huge thread on Reddit speculating about churning's impact on
@RadPad https://www.reddit.com/r/churning/comments/5no48p/radpad_had_18mm_in_revenue_how_much_do_you_think/ … -
Remember though, a lot of startups have an incentive to pump the numbers to make investors excited
. It's like Enron or Wells Fargo.
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