Does it make sense to have a Paypal style referral program (refer a friend, both get
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Does it make sense to have a Paypal style referral program (refer a friend, both get

In case you didn't know, Paypal had one of the most generous referral programs ever.

When they had just launched (late 1999), they gave away free $40 when someone referred a friend.

The money could be withdrawn immediately.

The promotion cost them $68,000,000 and propelled them to 1,000,000 users in less than a year.

Does it make sense to do something similar today?

I'm guessing Bangladeshi click farms didn't exist back then.

submitted by /u/atmosphere-streets
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