Phoebe Gates' startup FIA is accused of cookie stuffing, a scheme that steals affiliate commissions through fake sales. Past cookie stuffing cases sent people to jail, but Camp doubts Gates will face charges given her connections and high-profile investors like Jessica Alba and Khloé Kardashian.
I cannot believe that this is the news for the day. Bill Gates' daughter and her startup are in a boatload of trouble for fraud, and it's not sort of what you'd expect. So it seems as if her company basically does cookie stuffing. So cookie stuffing is when you steal the affiliate commissions that somebody else is supposed to get. So you're getting paid for sales on commission that you didn't drive. And I remember people doing this a lot with EPN back in the day, eBay Partner Network., and they went to jail for this. Which brings me to this, y'all, because if you know about the Forbes 30 Under 30, you know. And her company FIA has like the craziest investor list, um, some that are like super important technology investors, but also just like a lot of celebrities— Jessica Alba, Alex Earl, Khloé Kardashian. But the question in my mind really is, is Phoebe Gates going to get in trouble the way the people that I knew went to jail for this kind of stuff? Or does it all get swept under the rug? Eh, I would make my bet on the latter. What about you?
You wont believe what else the founder started #opensea #mergersandacquisitions #venturecapital
