Home > News > StupidCash.com Shutters its Doors • Bookmark   • Newsletters   • Register Search Options

NEWS STORY

StupidCash.com Shutters its Doors

StupidCash.com Shutters its Doors
Get XBIZ News
Sep 20, 2004 4:41 PM PDT    Text size: 
EVERETT, Wash. – After only a year and a half in business, the owner of webmaster affiliate program StupidCash.com made the official announcement Monday that he will be shuttering his business and leaving the industry, a company official told XBiz.

StupidCash owner HardcoreJ attributed the move to the overall instability of the adult industry at this time.

After first notifying webmasters in the program via email, a notification was posted on message board GoFuckYourself.com setting off instant speculation among webmasters that Visa's strict 1 percent chargeback rule had finally sunk the once-popular affiliate program.

However, Josh Hendershot of StupidCash told XBiz that HardcoreJ decision did not have to do with Visa and that he is merely interested in moving on to mainstream business ventures, although specific plans were not revealed.

"This is not an issue with Visa," Hendershot said. "It's just time to move on."

HardcoreJ stated in his posting that as of Oct. 15, StupidCash will no longer be accepting new members. All affiliates using the StupidCash revenue share program will be paid for the life of the membership they generated.

Hendershot added that he was not sure what will happen to the StupidCash domain name.

"Webmasters have a month to take down existing links," Hendershot told XBiz. "After which point we won't be taking any new joins and all owed money will be paid accordingly. That's a must."

Hendershot finished by saying that StupidCash had enjoyed a great deal of success during its run, including making good contacts and business partners in the adult industry.

StupidCash is run by Everett, Washington-based parent company 1337 Creations.

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !

LEGAL PERSPECTIVES

Dissecting an $11.9M Affiliate Marketing Judgment

The Federal Trade Commission scored another major win in early October when the 2nd U.S. Circuit Court of Appeals upheld a lower court ruling, requiring LeadClick Media LLC to pay an $11.9 million award. The... More »

Legal Protection for Amateur Shoots

Any adult industry professional who creates video content with actual first-time amateurs will come to an early knowledge that later performer regret is commonplace. Recognized performers who regularly... More »

Legal Options to Address Pirated Cam Performances

Many webcam performers have experienced a new trend in online piracy — the illegal recording and publication of live webcam performances. The “business model” is disturbingly simple:... More »
XBIZ NEWSLETTERS
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.






POPULAR PRODUCTS & SERVICES
Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Subscribe to XBIZ Premiere magazine, the industry's leading adult retail trade publications, delivering the most timely and comprehensive business news and information to producers and retailers of adult products.

UPCOMING EVENTS

XBIZ 2017

Jan 09 - Jan 13
Hollywood, CA

XBIZ Awards 2017

Jan 12 - Jan 12
Los Angeles, CA

ANME Founders Show

Jan 14 - Jan 15
Los Angeles Marriott Burbank Airport

Everything To Do With Sex Show

Jan 20 - Jan 22
Montréal, Québec
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!