Web 2.0 Sparkle, SEM and Arbitrage

Great article about domain and traffic marketing by Frank Shilling:

After the dot-com bust I was on Grand Cayman trying build a new overseas gaming business.. We were having a lot of trouble and were seriously thinking about returning home to get back on our feet. As I tried to figure things out I simply parked some newly acquired names in first generation affiliate programs and to my surprise, watched some large, fairly steady revenue roll in .. I took my affiliate checks to the bank and my banker said, “I can’t deposit this for you”. I said, “Why”? He said, “We have to hold checks for 17 working days and I’ve had three Internet company checks returned this week. All three co’s have gone broke! I can’t risk depositing your check, and a teller giving you some cash before this company goes broke and the check gets returned to me.” That day I closed my account and opened one at the bank across the street. I just recently passed that banker and went out of my way to flash him the biggest shit eating grin you have ever seen a man give from a $170k Mercedes. That’s satisfaction folks.

Read the whole story on his blog:

http://frankschilling.typepad.com/my_weblog/2007/03/web_20_sparkle_.html

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