Tim Storm, the founder of FatWallet, recently posted that FatWallet was closing down. Although Tim has not been associated with FatWallet since he sold the site 6 years ago, FatWallet admins have confirmed the news as much as they can.
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.
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.