• 3 Posts
  • 32 Comments
Joined 3 years ago
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Cake day: June 20th, 2023

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  • They were ripping off both their users and anyone using affiliate links (including the content creators who promoted them)

    During checkout, when you clicked the “find coupon” button in honey (which it prompted you to do on screen during checkout), it would strip out any affiliate link and add their own. So if you clicked on a product from a review, they would strip out the referral link from the YouTube video or website that sent you and indicate they sent you instead and get the commission.

    In addition, they were working with online retailers and basically extorting them. They said that if retailers paid them a fee, they got to pick the discount code that was used during checkout. So if there was a 20% coupon and a 5% coupon, stores could pay them to ignore the 20%.

    This, in turn, was basically faking out their users, thinking they were giving them the “best deal” like they claimed to.







  • If you invest 80 million and make 80 million in return, it’s a wash, and you wouldn’t pay any taxes because you didnt make any money.

    You would have to invest 80 million in a movie, scrap it, and then 80 million in another movie, which goes on to make 160 million in order to have 80 million in profits to offset with an 80 million write off. This would result in a net $0 made for tax purposes.