Penny Auctions: They're Gambling
Late last year, I encountered what may be nearly perfect evil in business plan form: Swoopo. What is Swoopo? It's a class of penny auction, where bidders pay for the privilege of bidding:
[Penny auctions] offer new televisions, computers, game consoles, appliances, handbags, gold bars and more for starting prices of a penny to 15 cents, depending on
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| Comments (?) | Links | Trackbacks | Posted: Thu, 02 Jul 2009 |
