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It sounds a lot like this internet boom era company: http://news.cnet.com/2100-1017-250529.html http://news.cnet.com/2100-1017-250529.html "2001: The financial
by byoung2 17y ago
It sounds a lot like this internet boom era company:
http://news.cnet.com/2100-1017-250529.html http://news.cnet.com/2100-1017-250529.html
"2001: The financial woes of Mercata, which lets shoppers band together to get discounts on items by purchasing them in bulk, are just another sign of how cash-strapped Internet companies are having a hard time getting investors to come back to the trough. It also marks another investment by Allen's venture firm, Vulcan Ventures, that has folded its doors."
- crux_ 17y agoI worked on another boom-era company with the same idea: actbig.com. And just recently here on HN someone posted http://groupon.com http://groupon.com which is part of this most recent round o' startup frenzy.