Recent post by Tim Storm on Facebook (Wed 9/20 10:36 am).
I heard the news today... oh boy.
When I sold FatWallet in 2011, I told myself that I sold the right to complain about whatever happened after that.
I’m immensely proud of what we built - and sad to hear that it will be shutting down very very soon.
I’ve not been involved at all in the last 6 years, but my heart is with everyone that played a part, either with me, or after me.
It was a hell of a ride.
Fatwallet was sold to Ebates in 2011, at the same time as Anycoupons, and later merged with Ebates to form a new company called Performance Marketing Brands. Former owner and founder Tim Storm stayed on as a strategic advisor for the new company. FatWallet's parent company, Ebates Inc. was sold to Rakuten, as announced September 9, 2014. FatWallet was wholly sold during the transaction.