A couple of weeks ago Kumiko wrote a post titled “ALGOCO Will Not Make Money Online! Ever!,” which stirred up some interesting conversation online.
While I don’t really agree with her arguments, especially the “if the company doesn’t make money, I won’t join” logic. Hey, if someone is going to pay me on a regular schedule and I really don’t need to do that much, I could really care the less whether the company will make money itself. Actually, I do think the ALGOCO team has a good chance of making money this time around, because they have learned from their past mistakes from AllAdvantage. That will mean, though, that people cannot expect the kind of money they received from AllAdvantage.
I do have something in common with Kumiko, though, that is I am not signing up for ALGOCO. Why? Because their Viewbar will collect all of my actions on the internet, and ALGOCO will know every page I view and every click I make. This is not a pleasant thought. If they go out and decide to shop that data around, things can really go ugly, and I am not eager to be a part of it.