Epinions

Epinions users could access paid product reviews; the company sold advertising on its site and shared the revenue with authors as an incentive for quality content.

[6] In January 2005, the four co-founders who had left and other Epinions employee-stockholders filed a lawsuit against Tolia and the two VC firms that provided seed funding.

The suit claimed that the defendants "failed to share with them 'material facts concerning Epinions' financial affairs,' including news of a deal with Google that the company knew would increase its 2003 profit by 1,400 percent".

[12] Early in 2000, the San Francisco Chronicle interviewed co-founder Mike Speiser and early member Brian Koller, with Speiser claiming the system prevents advertorials from getting exposure, but Koller saying: "There is a lot of 'You scratch my back, I’ll scratch yours,' and mutual admiration societies.

Calling the site "wonderful", "Internet for Beginners" Editor Paul Gil wrote, "This is a truly valuable resource for the smart consumer.".

[14] The praise was echoed by a CBS television affiliate in California that named Epinions its "Site of the Day"[15] Formerly owned companies: