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Unsure if it qualifies as "this" e-biz, but I lost $60,000 with an ukrainian marriage agency venture back in 2003. I had the wrong business plan: setup an office in Kiev to find and photoshoot honest girls who really wanted to marry. Guys wanted to see them naked, not to marry them - so I choice wrong women and business models.
I've then opened cam sites and this was profitable always, until today. The fun fact it is that lots of customers of cam girls wants to marry the girl, which is quite retard.
So I mean I put online honest girls who wants to marry the guys wants to seem them naked and not marry; I put there strippers for live sex and the guys want to marry them, what a lesson I learned.
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