Ebates (acquired by Rakuten) rewards consumers with cash back on purchases while providing access to thousands of coupons, discounts, promotions and deals. Ebates pays members to shop everywhere! Members simply begin at Ebates.com, FatWallet.com, or one of their apps—all of which will track purchases offering a 1% to 26% cash-back value. In turn, members receive a check with their cash back rewards every few weeks. To date, Ebates has paid out over $250 million to members.

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Investment Date

May 1999


Paul Koontz