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Old Wed Sep 16, 2015, 11:05pm
Whack! Get Out!!!
 
Join Date: Mar 2000
Location: Johnson City, TN
Posts: 1,029
Quote:
Originally Posted by crosscountry55 View Post
R.I.P., AssignByWeb. Anyone remember it? I thought it was better than Arbiter (still do), but it didn't have the working capital to keep up and eventually folded.
They made some *very* poor decisions in how to handle money when they started doing payments and got in trouble. I’m not sure how much of it was a “working capital” issue versus money mismanagement. They also got sideways on some banking laws and got into some legal trouble. More info on that here: http://www.nacua.org/documents/Commo...mentsFirst.pdf http://www.nacua.org/documents/Payme...tAgreement.pdf

I met with the owner as well as the main programmer many years ago, as we were talking about doing some business together. The owner struck me as pretty shady. We didn’t do business together.
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