Comment on Honey Targeted Minors & Exploited Small Businesses
JohnEdwa@sopuli.xyz 1 week ago
Honey is a great example of corporate greed and enshittification turned to 11. It started as a simple free extension for collecting and trying discount coupons, and turned to a massive greedy scam with enough financial backing to start blackmailing webshops for profit.
MisterFrog@lemmy.world 1 week ago
What’s worse, is this was the plan all along
JohnEdwa@sopuli.xyz 1 week ago
Maybe? I do kinda doubt that as the original addon was benign and did exactly what it said on the tin to fix a problem one of the founders had themselves - finding and applying coupons automatically.
But they gained a massive userbase very quickly, which attracted investors like vultures ready to tear profits from those users. So even if they originally didn’t plan to do much more than scan for coupons, after a few years of venture capital greed and tens of millions of investor money, they definitely were chasing profits by any means necessary. Money corrupts, after all.
And by the time Paypal was willing to pay $4 billion for them in 2020, it was blatantly obvious they were doing a lot of shady shit because there just isn’t a way to monetise free users that well while staying above the board.
All of which is a damn shame, because the idea of an addon that scans and tries coupons for you is really simple and very useful :/
FosterMolasses@leminal.space 6 days ago
System working as intended.