Not long ago, it was announced that Japanese company Rakuten would be buying Ebates to the tune of $1 Billion. The numbers are staggering: Rakuten said Ebates has 2.5 million active members who are increasing their shopping activity. It also said members spent $2.2 billion on Ebates sites last year, generating a profit of $13.7 million on revenue of $167.4 million in the year 2013.
There is a similar cash back site that promises to pay out shares to its members if there is ever a similar acquisition. That company is my personal favorite cash back site, BigCrumbs.
What BigCrumbs promises is simple: based on your activity on the site, you earn CrumbShares, which determine how much money you would be paid in the event of a buyout. I highly recommend getting your piece of the pie! The more you use the service, and the more people you can refer, the better your chances are of getting a payout if the company is acquired! And even if the company is never acquired, you’re still getting great cash back on the things you buy every day. You can click this link to sign up or log in to refer more friends and family!
Read on to learn more info from the BigCrumbs website:
What Are CrumbShares?
Each time you earn cash back through BigCrumbs, you’ll also earn an equivalent number of CrumbShares. For instance, when you earn $10 in cash back, you’ll also receive 10 CrumbShares.
Additionally, you will receive a number of CrumbShares equivalent to 10% of the cash back earned by your direct referrals. For example, when your referral earns $20 in cash back, you will earn 2 CrumbShares in addition to any referral commissions.
What Can I Do With CrumbShares?
In the event that BigCrumbs is acquired by another company, you may redeem your CrumbShares for a percentage of the cash compensation that BigCrumbs receives. The percentage that you will earn is based on the percentage of all CrumbShares that you own.
Each time you or your referrals earn cash back with BigCrumbs, your potential reward grows.
Are You Serious? Exactly How Does This Work?
Yep, we’re serious.
In the event of a cash or partial-cash acquisition of the company, BigCrumbs will allocate fully half (50%) of all net cash proceeds from the buyer to members. Each member will then receive a portion of this as cash compensation within ninety days of the settlement date.
For instance, if you own 1/2% of all CrumbShares, you will earn 1/2% of the amount set aside for members.
Why Is BigCrumbs Doing This?
Our members have made hundreds of millions of dollars in purchases at our featured stores and earned millions in cash back and referral commissions. You’ve made us one of the leading cash back sites over the years and we’ve rewarded you as generously as possible.
But, here’s the thing: while most companies would call that an even exchange, we believe that you deserve more. If you’ve helped us grow into an x million (or billion) dollar company, then we want you to share the resulting rewards if an acquisition occurs. In other words, we think you should be able to redeem the value that you helped to create.
Is BigCrumbs For Sale?
No. BigCrumbs is not currently for sale. However, we have received serious, written offers in the past and as a profitable, growing business (and with your continued loyalty), our value will only continue to increase further.
So, at any point it is very possible that we will receive an attractive offer from a company whose values align with our own. This is a natural evolution for successful companies, and we may very well accept that offer.
When that time comes, we want you to know that you have a share!
When you think of Black Friday, what crosses your mind? Crowds, frustration, riots over flat screen TVs? Black Friday has kind of a bad rap, when you think about it. However, opportunity is ripe for retailers to make Thanksgiving weekend shopping more fun and engaging.
One retailer that’s trying to drive more customer engagement is Macy’s. The department store is planning to launch an interactive consumer experience for Black Friday 2014, which will allow people shopping in-store to scan different QR codes for a chance to win cash. Using the Macy’s mobile app, customers scanning the QR codes will be automatically entered the giveaway during doorbuster hours, beginning at 6 pm on Thanksgiving Day through 1 pm on November 28, and on Saturday, November 29, from 7 am to 1 pm.
Martine Reardon, Macy’s CMO, explains the program, saying: “As customers navigate their shopping route throughout the store, they will be able to score digital gift codes offering instant wins via Macy’s mobile app. This element of surprise along with a playful new commercial featuring our official holiday ambassador, SpongeBob SquarePants, is certain to add a new element of fun to our customers’ shopping experience on Black Friday this year.”
Throughout the weekend, Macy’s will give away $1 million in cash! Make sure you have the Macy’s app installed on your phone though – that’s the only way you can enter to win!
What do you think of this promotion? Will you be scanning QR codes with your Macy’s app this Black Friday?
When it comes to my hair, I’ve found one thing to be true – it’s a problem. It’s a bit greasy at the roots and gets very dry on the ends, and there’s a lot of frizz in between. It’s pretty frustrating, and I’ve been searching for that “secret sauce” that will help it look moderately decent when it air dries, since I don’t always have a lot of time to mess with it in the morning.
I’ve tried mousses and gels, but the best solution seems to be a nice thick, creamy leave-in conditioner. I have tried a bunch of them, and most do a pretty decent job. However, when I was recently contacted by Beauty Without Cruelty and asked if I’d like to try their leave-in treatment, I was excited. I’m a big fan of the brand for their stance on safe ingredients with no animal testing, and I have had good experience with their shampoo in the past. After a few uses, I think it’s definitely something that can help fight frizz when I opt to let my hair air dry. It weighs down the frizz without losing the volume. The trick is being able to apply it to the ends and not too close to the scalp (avoiding that greasy look).
Usually my hair is not photo-ready after air drying. (My Snapchat friends know this!) Today, I was feeling good enough about it to snap a hair selfie at work!
This is the section of my hair that always, always, always frizzes. As you can tell, it’s holding together pretty well in loose rings. That is very rare for me, so I’m pretty pleased overall.
For under $10 (at Drugstore.com – don’t forget to use BigCrumbs if you make a purchase!), I think this leave-in conditioner is a good option for those of us with problem hair. I’ve spent considerably more on high-end products with mixed results, so I’m excited that this worked out as well as it did.
Have you tried BWC’s Leave-In Conditioner? What are your thoughts?
FTC Disclaimer: I was provided with the Beauty Without Cruelty Leave-In Conditioner free of charge. I wrote this review based on my own experience with the product and I was not compensated in any way besides the free product. All opinions are my own!
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