Shoemoney gets greedy; stoops to new low
Posted By admin on April 21, 2009
A couple days ago, Shoemoney, a supposedly highly-read and admired blogger stooped to a new low by writing a exaggerated review about Entrecard and the new Paid Ads Platform.
Okay so Entrecard just made a huge move that is sure to start bringing them a boat load of money. They just launched a self-service ad network for the blogosphere, using their existing base of tens of thousands of blog publishers as participants. I gotta say, it’s pretty bad ass.
Shoe… ya’ should’a checked your facts.
Huge move? Yeah, if you count the outburst from long-time members when they discovered they were losing control of the advertising on their blogs, and that their eccles (Entrecard Credits) would now be worth about half of what they were, since paid ads would rotate up to 50% of the time on the Entrecard widgets.
Self-service ads? More like self-serving ads since Graham gets the money and he may or may not pay it back out in some convoluted fashion. Sure he says there’s a cashout value of $1 per 1000 if you give him your private info (including SSN) up front. Oh, and if you want to purchase credits, he charges $6 per 1000. Nice exchange!
Existing base of tens of thousands blog publishers? Where’d ya’ get that number? Even if you believe the figures by counting the number of blogs in the categories, that doesn’t make “tens of thousands”. Add to that, most of us have/had multiple blogs. The real number may never be known since Graham appears to have left the building.
Bad ass? Yeppers, this one you got right. Graham is a bad ass. He’s been known to use a fake account to counter critics. He’s treated his mods like dirt. He’s broken promise after promise, and now, it appears he is close to broke. In fact, he’s not updated the official Entrecard blog since April 11. Think maybe he’s left the building, too?
I just took the time to check out one Category - Home and Garden. While Graham and Entrecard claim there are 282 blogs listed, only 161 actually have a widget and accept any kind of ads, let alone the paid ads. I’d be willing to bet there may be fives of thousands… not tens of thousands.
In short, Shoemoney… you blew it on this review. I do hope the money you got was worth it.
Great article! Shoemoney did take a very positive approach to entrecard which I found surprising. I did leave a comment on their site giving a different view and surprisingly they did publish it. I do think Shoemoney is going to regret their association but at the same time it is not going to be enough to pull entrecard out of the muck it has created.
gardengnome1 on twitter
This is just one more example of why Entrecard is dead on arrival. The fact that Graham appears to have gone missing is more disturbing than most realize. I can understand Phirate going underground, but Graham isn’t a programmer. Heck, he’s just a bratty kid who wants to get rich. And for him to leave Andy, a wet-behind-the-ears kid in charge of the forum. Well… if it isn’t DOA, it’s gonna be damned hard to revive.
You do know Shoemoney openly does paid reviews? They are not cheap either. So if the review was paid, then so were the facts used for writing it. You’d think for a few grand you’d get the logo to appear properly without a “not available” error,
A quick check showed the same article with the same URL error for the image. Lazy, Graham, Lazy… http://www.freemoneyguide.info/entrecard-launches-huge-self-service-ad-network-for-blogosphere
Oops, ignore that last post Shari, it seems that although Shoe is linking to that URL posted above, the article was stolen from Shoemoney.