Comments on: Social Finance Deadbeats: Worse Than a Photo on the Wall http://www.centernetworks.com/social-finance-deadbeats Web 2 and Social Media News and Reviews Sat, 21 Nov 2009 01:50:56 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Morgan http://www.centernetworks.com/social-finance-deadbeats/comment-page-#comment-13333 Morgan Wed, 30 Nov -0001 00:00:00 +0000 #comment-13333 I think that's exactly where a lot of this stuff belongs. Social stigma and shame are great motivators in a lot of cases, and it leaves legislation and regulation out of the mix so there can actually be new services like Prosper and the like. My company borrowed $25,000 through Prosper, and I believe we just paid it all back. It's a great service. I think that’s exactly where a lot of this stuff belongs. Social stigma and shame are great motivators in a lot of cases, and it leaves legislation and regulation out of the mix so there can actually be new services like Prosper and the like.

My company borrowed $25,000 through Prosper, and I believe we just paid it all back. It’s a great service.

]]> By: Jason http://www.centernetworks.com/social-finance-deadbeats/comment-page-#comment-15046 Jason Wed, 30 Nov -0001 00:00:00 +0000 #comment-15046 We did the same thing on our company (MyFreeImplants.com) blog when we got hit by a loser/scammer that was just trying to scam a few ladies out of some pics by using a stolen credit card. <a href="http://myfreeimplants.com/free-breast-implants/?p=651">A filty post. Low down dirty scum.</a> The interesting thing that I've found after having worked on several startups is that there is a lot less fraud and chargebacks when they are actually interacting online with each other like in these social network situations. Especially in our case where you are donating money to a specific person. I guess it's similar to real life... it's gotta be a lot more scary and difficult to walk into a store with a stolen card than to type in the stolen digits on a computer terminal. Reminds me of that story about how people will generally tip more if there is a photo of a persons eyes near the tip jar. We did the same thing on our company (MyFreeImplants.com) blog when we got hit by a loser/scammer that was just trying to scam a few ladies out of some pics by using a stolen credit card.

A filty post. Low down dirty scum.

The interesting thing that I’ve found after having worked on several startups is that there is a lot less fraud and chargebacks when they are actually interacting online with each other like in these social network situations. Especially in our case where you are donating money to a specific person.

I guess it’s similar to real life… it’s gotta be a lot more scary and difficult to walk into a store with a stolen card than to type in the stolen digits on a computer terminal.

Reminds me of that story about how people will generally tip more if there is a photo of a persons eyes near the tip jar.

]]>