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    • Socialvibe WTF?!

    Posted on Saturday, September 12, 2009 at 04:29:26 AM.

    From their own website:
    "SocialVibe received $4.2 million in Series A funding led by Redpoint Ventures in December 2007. Redpoint Ventures has over $2 billion under management, 34 IPO's and 54 upside acquisitions. SocialVibe allocates a sizable majority of our monthly income to charitable donations. Points earned by members determine the amount of our monthly charity funds that will be given to each charity partner. We currently donate to charities on a quarterly basis. As of December 2008, we have donated over $200,000 to our partner charities."

    That's quite a "sizable majority". Ha! Hardly "charitable". Somebody is getting rich from this shit.

    So, what is SocialVibe? More from their site:
    "SocialVibe is a social media tool that allows people to utilize their online influence to make a real difference. Members choose a brand to endorse, which earns them opportunities to get brand perks and points within SocialVibe. The points that members earn are then turned into funds for the charitable cause of their choice."

    Mmmm... Yesssss... Lap it up, sheep, lap it up....

    Comments

    Posted by Noobie on Monday, September 14, 2009 at 02:12:56 PM.
    nice find gordon honey
    Posted by Gordo on Tuesday, September 15, 2009 at 11:36:08 AM.
    Noobieeeeeee... How's life? Long time no talk...
    Posted by Noobie on Monday, September 21, 2009 at 03:40:48 PM.
    pretty good mate,3/4 year left and i got my A-Levels and then I am FREE - Free to travel the world ;)

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