Comments for Credit Card VC

Comment on Rest of the story on LifeLock by Jules Carney

Jules Carney — Wed, 10 Sep 2008 05:33:01 +0000

I have to say, you did a really nice job on explaining something that can be really tricky at times. There are times that I struggle with wrapping my head around topics like the this, thank you for summing it up well.

Thanks!

Comment on Another Credit Card VC adopter by Jemini

Jemini — Sat, 29 Sep 2007 08:46:14 +0000

$12,107.09? Are you kidding me? Most people these days can do it for under $1000.

Comment on Here’s a CreditCardVC Role Model by credit card compare

credit card compare — Mon, 25 Jun 2007 10:10:40 +0000

Thank you, Scott, for clearing up. I think I’ll try the first variant you suggested. Running my own business has been my dream for a while and I’m going to realize it with my credit card management smart skills.

Comment on Rest of the story on LifeLock by ray stern

ray stern — Mon, 18 Jun 2007 18:18:38 +0000

Go to Arrington’s site and read what I posted there.

I’m not the one trying to make a case of connections between my article and the credit agencies. You are. And you’ve failed to make that case, in part because you didn’t bother to e-mail me before you wrote your piece. I’m not being arrogant — I’m being frustrated that bloggers like you don’t choose to research what you write.

ray

Comment on Rest of the story on LifeLock by Scott

Scott — Mon, 18 Jun 2007 16:59:28 +0000

Ray,

I was a reporter for a dozen years, including a couple at a New Times property. If you think my post, or Arrington’s, has some problem, let us know.

Being arrogant and trying to make a distinction between bloggers and reporters doesn’t help make your case, making your case does. Let’s hear it.

If you need help getting started, here’s one way you could do it: Publish somewhere (in print or here if you can lower yourself to write for a blog) the story behind the story. Tell us about who first contacted you about the story. Did you get a package of PDFs anonymously? Make the case that you are sure that no credit agency shill was behind your story.

Nobody is trying to say Maynard is a saint. That said, Arrington raised some legitimate questions about the motivation of whoever leaked that story.

Comment on Rest of the story on LifeLock by ray stern

ray stern — Mon, 18 Jun 2007 16:45:46 +0000

That’s funny. I never received an e-mail from Credit Card VC or Arrington before they wrote this “rest of the story nonsense.” Bloggers aren’t reporters, that’s for sure.

Comment on Rest of the story on LifeLock by Pat Mitchell

Pat Mitchell — Mon, 18 Jun 2007 15:26:57 +0000

It’s interesting to speculate as to who helped pull these facts about the fraudulent past of Maynard and LifeLock together, but in the end, it doesn’t matter. It’s likely that a lot of people realized what liars and crooks these guys are and spilled the beans. Whether you think Maynard’s bankruptcies are relevant is your own opinion, but when a man defrauds lenders and legitimate businesses, uses his father’s identity and is then held up as a victim by his company and investors who claim to know the truth, that casts a shadow on the entire company not just the founder, who incidently, still works for them as a consultant. LifeLock has no credibility. They are just a marketing scam. When I investigated options to protect myself, my first consideration was reputatation. When I learned that RelyData (www.relydata.com) was the only company recommended by the credit bureaus, that told me a lot, and I’d found a solution provider.

Comment on Here’s a CreditCardVC Role Model by Scott

Scott — Mon, 18 Jun 2007 12:31:21 +0000

I never said you couldn’t make a “really good” business. I think you could make a great business.

There are only two ways to make a really big business, however. One is to use credit cards to get started and then have customers paying for a product early on, and grow from there. The other is to get outside investment.

Read the Manifesto!

Comment on Here’s a CreditCardVC Role Model by credit card compare

credit card compare — Mon, 18 Jun 2007 07:11:45 +0000

What about credit cards for starting business? I’ve had my card for long and I’m a responsible customer, I guess. I think my credit score is just enough to apply for a business credit card but your statement about its unability to make a really good business are discouraging me a bit…

Comment on Another Credit Card VC adopter by gluphus

gluphus — Wed, 06 Jun 2007 15:38:03 +0000

another case of Mr. Kawasaki and the GIF (good idea fairy) syndrome.

To offer up a wholesale “I did it (under a perfect situation with the implied ability for me to entirely control the circumstances), why can’t you”, is indicative of the atypical ivy tower behavior. If Mr. Kawasaki is so all knowing, perhaps we should airdrop him into Anbar and let him solve the Mid East crisis for $12,107.09. That would be a matter to brag about.

On the flip side, I agree, asking for outrageous sums of money indicates someone who hasn’t planned well. Again, creditcard vc and/or sbir is the way to go. Leaving yourself in the hands of the VC is like leaving your chickens with foxes and not expecting them to be eaten.