Cash Back Site Purchased for $1Billion – and you can cash in on the next one!

Not long ago, it was announced that Japanese company Rakuten would be buying Ebates to the tune of $1 Billion. The numbers are staggering: Rakuten said Ebates has 2.5 million active members who are increasing their shopping activity. It also said members spent $2.2 billion on Ebates sites last year, generating a profit of $13.7 million on revenue of $167.4 million in the year 2013.

Image via: Tax Credits Flickr (Creative Commons)

There is a similar cash back site that promises to pay out shares to its members if there is ever a similar acquisition. That company is my personal favorite cash back site, BigCrumbs.

What BigCrumbs promises is simple: based on your activity on the site, you earn CrumbShares, which determine how much money you would be paid in the event of a buyout. I highly recommend getting your piece of the pie! The more you use the service, and the more people you can refer, the better your chances are of getting a payout if the company is acquired! And even if the company is never acquired, you’re still getting great cash back on the things you buy every day. You can click this link to sign up or log in to refer more friends and family!

Read on to learn more info from the BigCrumbs website:

What Are CrumbShares?
Each time you earn cash back through BigCrumbs, you’ll also earn an equivalent number of CrumbShares. For instance, when you earn $10 in cash back, you’ll also receive 10 CrumbShares.
Additionally, you will receive a number of CrumbShares equivalent to 10% of the cash back earned by your direct referrals. For example, when your referral earns $20 in cash back, you will earn 2 CrumbShares in addition to any referral commissions.

What Can I Do With CrumbShares?
In the event that BigCrumbs is acquired by another company, you may redeem your CrumbShares for a percentage of the cash compensation that BigCrumbs receives. The percentage that you will earn is based on the percentage of all CrumbShares that you own.
Each time you or your referrals earn cash back with BigCrumbs, your potential reward grows.

Are You Serious? Exactly How Does This Work?
Yep, we’re serious.
In the event of a cash or partial-cash acquisition of the company, BigCrumbs will allocate fully half (50%) of all net cash proceeds from the buyer to members. Each member will then receive a portion of this as cash compensation within ninety days of the settlement date.
For instance, if you own 1/2% of all CrumbShares, you will earn 1/2% of the amount set aside for members.

Why Is BigCrumbs Doing This?
Our members have made hundreds of millions of dollars in purchases at our featured stores and earned millions in cash back and referral commissions. You’ve made us one of the leading cash back sites over the years and we’ve rewarded you as generously as possible.
But, here’s the thing: while most companies would call that an even exchange, we believe that you deserve more. If you’ve helped us grow into an x million (or billion) dollar company, then we want you to share the resulting rewards if an acquisition occurs. In other words, we think you should be able to redeem the value that you helped to create.

Is BigCrumbs For Sale?
No. BigCrumbs is not currently for sale. However, we have received serious, written offers in the past and as a profitable, growing business (and with your continued loyalty), our value will only continue to increase further.
So, at any point it is very possible that we will receive an attractive offer from a company whose values align with our own. This is a natural evolution for successful companies, and we may very well accept that offer.
When that time comes, we want you to know that you have a share!

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