jitle you, jitle me, jitle.us|Would You Pay $715 for $630 in Cash?

Jason Lake, at your service.

Strong passion for technology, strong desire for an ecological solution, and a strong love of good times and great food. Jitle.us is a placeholder for my thoughts and sights, a documented bookmarking of where I've been and what I've loved. I also like to share great articles I read and (hopefully) provide some insightful commentary on what makes it important to you and me.

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June 18 2008

Text June 18 | 16:44 [21 notes] Would You Pay $715 for $630 in Cash?

Microsoft, when trying to steal market share by giving away money, maybe look through all the possible loop holes….

joelaz:

There is a buy-it-now listing on eBay today where the seller is offering $630 in cash, which he will send electronically to the buyer through PayPal. The current price for this listing is $715. Why would someone pay $715 for $630 in cash? Well, you may have heard that Microsoft recently launched a ridiculous “cash back” promotion in the hopes of bribing Google customers to switch to Microsoft’s search engine, Live.com. Seems some resourceful people found a loophole in the system. Apparently, you can get a 10-35% cash back reward for all buy-it-now eBay purchases if you access the eBay listing through Live Search. So, people are simply selling cash and arbitraging the cash back reward. Suck it Ballmer.

Can you Digg it?

Rebloged from : joelaz

rosiesiman reblogged this from joelaz and added:

confused why Microsoft would do that, but I feel like I should be telling others
syzlak reblogged this from joelaz
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gonzofreddie reblogged this from sds and added:

This is as brilliant as Vista
siminoff reblogged this from thegetdownguy and added:

Last week I was meeting with Josh Kopelman at his Philly office and we were talking about all sorts of arbitrage...
thegetdownguy reblogged this from joelaz
jitle reblogged this from joelaz and added:

Microsoft, when trying...steal market share by giving away money, maybe look
daryn reblogged this from joelaz
jeanphony reblogged this from joelaz
sds reblogged this from joelaz
ztaylor reblogged this from joelaz
whitneymcn reblogged this from joelaz and added:

Yes, but just think...valuable “mindshare” that
littleorphanammo reblogged this from joelaz and added:

I’m still working...mentally…but I bet it’s really clever!!
aaronindenver reblogged this from joelaz
joelaz posted this