Hm so what does Zecco stand for these days?
Ah yes, ZEro COnfidence.
Friday, January 30, 2009
History Repeats itself
Its been a while since I've written to this blog, mostly because as I said I would a year ago, I gave up using my Zecco account.
So almost a year later, I see an email in my junkmail folder regarding Zecco's new pricing structure.. "Not an Introductory offer, Pt II"
The whole business model up to this point has been to build a user base, get users to attract other users, get users to invest their money in Zecco, and *boom*, set the hook. Afterall its not easy or cheap to close an account and liquidate your assets.
Illegal? no.. Unethical? no.. A place where I wanna do business? no
a few free trades just aren't worth it?
So almost a year later, I see an email in my junkmail folder regarding Zecco's new pricing structure.. "Not an Introductory offer, Pt II"
The whole business model up to this point has been to build a user base, get users to attract other users, get users to invest their money in Zecco, and *boom*, set the hook. Afterall its not easy or cheap to close an account and liquidate your assets.
Illegal? no.. Unethical? no.. A place where I wanna do business? no
a few free trades just aren't worth it?
Just remember the future is unpredictable.
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