samuel337 | Shared With: Everyone - Jan 01 2009 | auctions, web apps, business"I was fascinated to discover the auction hybrid site swoopo.com (previously known as telebid.com). It's a strange combination of eBay, woot, and slot machine... Even when you win, you can lose. Remember that each bid costs you 75 cents, while only increasing the price of the item 15 cents. "
This is an interesting concept, and the figures, well, these guys must be rolling in it. Exploiting human nature the best way possible - without them knowing it.
- samuel337 | Shared With: Everyone - Apr 10 2007 | names, business
Interesting list of where company names come from (with a link to the even longer wikipedia list). Not sure whether some of them are true, but believable nevertheless.
"Häagen-Dazs: contrary to common belief the name is not European: it is simply two made-up words meant to look European to American eyes."
I always laugh when I see this - great marketing; I was fooled originally.
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