20 WORST investments - Page 2 - GoFuckYourself.com

ShellyCrash · 11-21-2007, 09:02 AM

Cut Cat blocked my hotlink... fail

yahoo-xxx-girls.com · 11-21-2007, 09:03 AM

Quote:

Originally Posted by $5 submissions

20 worst investments by venture capital funds. I used to work for a VC firm in the late 90s and boy, did we invest in some doozies. How many can you spot/recognize from this list? http://www.insidecrm.com/features/20...tments-111907/

Kozmo.com: Kozmo.com's small-goods delivery service, while a recipient of around $250 million in investment, and popular with students and young professionals, ultimately met its end and liquidated in 2001. Its business model was criticized as unprofitable because it didn't charge for deliveries. Kozmo.com's demise is profiled in the documentary film e-Dreams.

I remember Kozmo.com, a friend of mine was the roommate of the guy who founded the company. My buddy kept insisting that it was HIS idea. Sure enough, when Kozmo went on life support, my friend began to insist that he just HELPED and it wasn't his idea. Just proves the old saying once again:

"Success has many fathers. Failure is an orphan."

Anyway, enjoy the trip back to the late 90's early 2000s.

With respect to everyone in the USA, being a Canadian, so I'm told, I would have to say the USD ! ... only because your country has such a massive national debt and that your economy keeps getting money out of nowhere !

Any investor should be asking questions regarding investing his or hers own funds into another counties markets...

Later,

.

lazycash · 11-21-2007, 09:55 AM

Quote:

Originally Posted by $5 submissions

The guys behind it came back....... look up AGLOCO. Not as fat as Alladvantage though.

Thanks for that, seems instead of paying cash now you earn shares in the company, lol. Another interesting tidbit of the paid to surf era, there was another company called Epipo that did the same thing as All Advantage. Epipo was owned by 180 Solutions and after Epipo died, 180 Solutions turned to developing something new which turned out to be Zango. 180 Solutions tried to skip out of paying what was owed to Epipo members when they closed the program. I and a bunch of others who were owed several thousand filed a class action suit against 180 Solutions and won. They were ordered by the Washington District Attorney to pay out what was owed, althought after tons of litigation and attorney's fees we only ended up getting about 25% of what was owed. I remember having several conversations with 180 Solution's Keith Smith, who would have thought 7 years later he'd be the head of the evil empire Zango.

kenny · 11-21-2007, 10:01 AM

a) any investment that involves paying seven or more figures to buy just a domain name

b) paying hundreds of millions of dollars to buy tube sites that allow surfers to publish content. These sites are one lawsuit away from total destruction just watch

kenny · 11-21-2007, 10:07 AM

myspace is up in the air for me

I know it gets alot of traffic but they don't really sell anything or have any targeted traffic

Not only that but if all the kids stopped thinking myspace was cool then myspace would be fucked

Snake Doctor · 11-21-2007, 12:51 PM

teomaxxx
This message is hidden because teomaxxx is on your ignore list.

Quote:

Originally Posted by minusonebit

We can always bomb Iran and make up for it.

Thanks for quoting that guy....reading the piece that you quoted reminds me of why I have him on ignore.

He really thinks the entire US economy is going to implode any day now, and any numbers you give to prove him wrong don't matter because "the government just makes up whatever numbers it wants in order to keep our current leaders in power".

I see any temporary weakness in the S&P 500 level 1450 or lower as a buying opportunity. This is based on sound fundamentals.
Obviously if you agree with guys like teomaxxx you wouldn't buy the US stock market at any price, you're hoarding gold and wearing a tin foil hat.

So whatever....

$5 submissions · 11-21-2007, 01:13 PM

Quote:

Originally Posted by fuhkinglou

Wow. I remember WebVan, too. Talk about a total bust. FreshDirect seems to have figured that market out but I remember reading that most people think it's not a sustainable model.

I also used to work in the same building as Bolt. We got a lot of their video tape stock in exchange for the debt they owed the place I worked. Everyone who was still working at Bolt was looking at us like we were vultures.

GOOD TIMES

Bolt and CollegeClub were huge back in the day. CC even came close to an IPO. They even closed a mulitmillion investment round through a Crittenden Roth private placement.

Why · 11-21-2007, 10:27 PM

AA went out of business because they got their asses scammed by guys with thousands of referalls that were all the same person running mouse movement bots. had they found a way to keep affiliates a bit more legitimate it might have faired a bit better

Why · 11-21-2007, 10:36 PM

on the contrary to those bashing US markets... most profittable investor i know is European based and ONLY invests in US markets. im sure he would tend to disagree with yall.

wish i could day trade 2 days a month and travel all the rest. ;)

justFred · 11-21-2007, 10:47 PM

number 21>

$5 submissions · 11-22-2007, 02:14 PM

Quote:

Originally Posted by kenny

b) paying hundreds of millions of dollars to buy tube sites that allow surfers to publish content. These sites are one lawsuit away from total destruction just watch

It does seem that way although the DMCA has a "safe harbor" provision. The same provision that protects sites like rapidshare and megaupload.

teomaxxx · 11-22-2007, 02:57 PM

Quote:

Originally Posted by Snake Doctor

teomaxxx
This message is hidden because teomaxxx is on your ignore list.

Thanks for quoting that guy....reading the piece that you quoted reminds me of why I have him on ignore.

He really thinks the entire US economy is going to implode any day now, and any numbers you give to prove him wrong don't matter because "the government just makes up whatever numbers it wants in order to keep our current leaders in power".

I see any temporary weakness in the S&P 500 level 1450 or lower as a buying opportunity. This is based on sound fundamentals.
Obviously if you agree with guys like teomaxxx you wouldn't buy the US stock market at any price, you're hoarding gold and wearing a tin foil hat.

So whatever....

you really need to help yourself by stating false facts. I have never wrote here that entire US economy is going to implode any day now and to the contrary I do invest mainly in the US stocks, despite your lies.

I really dont get it, how someone cant see simply facts:

"The only two exceptions of a housing recession not leading to economy-wide ones were those during the Korean War and the Vietnam war when a massive fiscal stimulus rescued the economy. What we spent ? or waste ? on Iraq is not sufficient to get that fiscal stimulus; we would need another equivalent of $200 billion fiscal stimulus to do the job."

Why it should be different this time?

By the way, war with Iran would put whole world immediately into the recession as oil would go to the 150-200 range.

The current inflation in the US for this year is 3.57, if you belive at it, then its your problem. I am the one doing money with my gold/oil investments.

And of course, on the statistics, people don?t understand the way government statistics work . And most people will concede that politicians lie. They lie to get elected ? everybody knows that ? they say what they have to say, so I don?t know why people assume that once they get elected they stop lying. I mean that?s all they do. Once you get elected your job is to stay in office. And the way politicians stay in office, is to present a rosy scenario. And so what these guys do is they constantly change the way that economic statistics are calculated so that they can give a better result; so the politicians can point up to these dumbed up statistics as evidence that things have gotten better while they have been in office.

from:
http://www.financialsense.com/transc...2007/0310.html

yes Lenny 2, politics dont lie

.
Why they constatly need to change way of counting statistics then?

WiredGuy · 11-22-2007, 03:23 PM

Quote:

Originally Posted by $5 submissions

"Success has many fathers. Failure is an orphan."

I like that quote

WG

Snake Doctor · 11-22-2007, 10:10 PM

Quote:

Originally Posted by $5 submissions

It does seem that way although the DMCA has a "safe harbor" provision. The same provision that protects sites like rapidshare and megaupload.

Yes but I think the DMCA is due for a revision, and will get one sooner or later.

When the law was written to shield ISP's none of the legislators ever envisioned sites like youtube...much less thought sites like that would be immune from everything from obscenity law to defamation lawsuits.

will76 · 11-23-2007, 12:37 AM

Quote:

Originally Posted by $5 submissions

20 worst investments by venture capital funds. I used to work for a VC firm in the late 90s and boy, did we invest in some doozies. How many can you spot/recognize from this list? http://www.insidecrm.com/features/20...tments-111907/

Kozmo.com: Kozmo.com's small-goods delivery service, while a recipient of around $250 million in investment, and popular with students and young professionals, ultimately met its end and liquidated in 2001. Its business model was criticized as unprofitable because it didn't charge for deliveries. Kozmo.com's demise is profiled in the documentary film e-Dreams.

I remember Kozmo.com, a friend of mine was the roommate of the guy who founded the company. My buddy kept insisting that it was HIS idea. Sure enough, when Kozmo went on life support, my friend began to insist that he just HELPED and it wasn't his idea. Just proves the old saying once again:

"Success has many fathers. Failure is an orphan."

Anyway, enjoy the trip back to the late 90's early 2000s.

What about a list of the 20 most successful startups ?

I would think ebay would be right at the top of that list.

$5 submissions · 11-23-2007, 03:05 PM

Quote:

Originally Posted by will76

What about a list of the 20 most successful startups ?

I would think ebay would be right at the top of that list.

And Google

Iron Fist · 11-23-2007, 03:28 PM

Quote:

Originally Posted by $5 submissions

Good attitude. I like that!

It's not whether you win or lose, it's whether you learn or not. I'm with ya 100% on that.

I'd like to learn a $100,000 lesson... any teachers willing to fund that lesson?

blogman9 · 11-23-2007, 03:30 PM

Greate topic: added to http://www.thereisnomoneyinporn.com

teomaxxx · 01-08-2008, 04:30 PM

Quote:

Originally Posted by Snake Doctor

I see any temporary weakness in the S&P 500 level 1450 or lower as a buying opportunity. This is based on sound fundamentals.
Obviously if you agree with guys like teomaxxx you wouldn't buy the US stock market at any price, you're hoarding gold and wearing a tin foil hat.
So whatever....

Quote:

Originally Posted by teomaxxx

Maybe there could be short term bounce (or christmas rally), but in the long term this is not definately good time to jump into the market, except companies, who do well in recession times too.

how is your buying opportunity going Lenny? We are back to the November levels and as I told you, any bounce will be only because of rate cut pump/christmas rally.

Your advice to load on stocks from S&P 500 level 1450 in the face of worst housing recession since 1930, 100 Usd oil and high inflation seems really stupid. Where is the common sense?
Only recesession proof stocks from S&P could be good ones.

I will bump this thread few months later, only to show that your advice belongs between 20 WORST investments too.

by the way, my US "tinfoil" oil/gold investments are doing better then ever, together with financial/tech momo shorts.

teomaxxx · 01-08-2008, 04:43 PM

Quote:

Originally Posted by teomaxxx

Your advice to load on stocks from S&P 500 level 1450 in the face of worst housing recession since 1930, 100 Usd oil and high inflation seems really stupid. Where is the common sense?
Only recesession proof stocks from S&P could be good ones.

.

and forgot to add "in the face of possible implosion of few financial companies..."

Hollywood Horwitz · 01-08-2008, 05:18 PM

too bad pets.com didn't do too well,haha.

fatfoo · 01-08-2008, 05:21 PM

Quote:

Originally Posted by $5 submissions

"Success has many fathers. Failure is an orphan."

nice one!

BradM · 01-08-2008, 05:25 PM

1. I absolutely hate to say it but I told everyone so. Amp'd was going under from day one. I think I realized this when Kanye West sang a song as the theme and I realized it was targeting 14-25 year old black people.

I am NOT racist, but look at statistics. That's a pretty dumb business model, as was proven by a bankruptcy.

EthnicLover · 01-08-2008, 11:57 PM

I remember Webvan. If you go to the url now, they are just a generic grocery portal. Interestingly webvan.com has a Page Rank of 5. I guess a fair amount of sites are still linking to them.

V_RocKs · 01-09-2008, 12:12 AM

Quote:

Originally Posted by $5 submissions

20 worst investments by venture capital funds. I used to work for a VC firm in the late 90s and boy, did we invest in some doozies. How many can you spot/recognize from this list? http://www.insidecrm.com/features/20...tments-111907/

Kozmo.com: Kozmo.com's small-goods delivery service, while a recipient of around $250 million in investment, and popular with students and young professionals, ultimately met its end and liquidated in 2001. Its business model was criticized as unprofitable because it didn't charge for deliveries. Kozmo.com's demise is profiled in the documentary film e-Dreams.

I remember Kozmo.com, a friend of mine was the roommate of the guy who founded the company. My buddy kept insisting that it was HIS idea. Sure enough, when Kozmo went on life support, my friend began to insist that he just HELPED and it wasn't his idea. Just proves the old saying once again:

"Success has many fathers. Failure is an orphan."

Anyway, enjoy the trip back to the late 90's early 2000s.

I loved Kozmo...

You could get anything at any hour...

NosMo · 01-09-2008, 12:54 AM

Quote:

Originally Posted by Doctor Dre

Pixelon.com: Although Pixelon's money-burn of $16 million isn't remarkable in comparison to the other all-stars on this list, the way it was burnt certainly is. Pixelon's founder, "Michael Fenne" was more con man than entrepreneur, spending most of the company's investment on a Las Vegas launch party peppered with stars like Tony Bennett, Kiss and The Who. Eventually, it came out that Mr. Fenne was actually David Kim Stanley, a man on the run from the law and living in his car, who previously pleaded guilty to swindling $1.5 million from friends and neighbors.

NosMo

salesman · 01-09-2008, 02:11 AM

really lots of money, a waste

teomaxxx · 07-10-2008, 04:08 PM

Quote:

Originally Posted by Snake Doctor

I see any temporary weakness in the S&P 500 level 1450 or lower as a buying opportunity. This is based on sound fundamentals.
Obviously if you agree with guys like teomaxxx you wouldn't buy the US stock market at any price, you're hoarding gold and wearing a tin foil hat.
So whatever....

Quote:

Originally Posted by teomaxxx

how is your buying opportunity going Lenny? We are back to the November levels and as I told you, any bounce will be only because of rate cut pump/christmas rally.
Your advice to load on stocks from S&P 500 level 1450 in the face of worst housing recession since 1930, 100 Usd oil and high inflation seems really stupid. Where is the common sense?
I will bump this thread few months later, only to show that your advice belongs between 20 WORST investments too.

So as I wrote here, here is a bump for you, since now I am sure, that your advice can easily belongs now to 20 worst investments too. S&P 500 wont see over 1450 level for few years at least, rather for a decade.
Lenny, anyone who cant calculate state of economy at least half year to the future shouldnt buy stocks....thats my free advice to you.

GrouchyAdmin · 07-10-2008, 04:41 PM

I miss WEBVAN. They had awesome food.

Pixelon was awesome.. a scammer skinned Windows Media Player, claimed it was a different product, and made a fortune before being caught. He has to be my favorite scammer (if you're allowed to have one).

tony286 · 07-10-2008, 04:45 PM

Quote:

Originally Posted by GrouchyAdmin

I miss WEBVAN. They had awesome food.

Pixelon was awesome.. a scammer skinned Windows Media Player, claimed it was a different product, and made a fortune before being caught. He has to be my favorite scammer (if you're allowed to have one).

i was sad when webvan and Kozmo went out of business. I was a loyal customer and I hate food shopping. I still have my kosmo cup.

brandonstills · 07-10-2008, 04:52 PM

I still have one of those CueCat barcode scanners. Device works good, business model was seriously flawed from the start.

I made a shitload of money from webvan when it was at 6 cents. When from 6 cents to 26 cents in a day.

Pornopat · 07-10-2008, 08:20 PM

Quote:

Originally Posted by lazycash

Ah the memories, I had over 80k paid to surf referrals and over 45k referrals with All Advantage, I still have my AA debit card. I remember thinking I was the shit when I could sit and down and surf the web and make $75/hr because of all my referrals. When the stock market crashed in March 2000 it marked the end of most of the paid to surf companies as the IPO was no longer a viable option and all the venture capital funding was yanked. I remember talking with so many execs and it was obvious they were burning through funding and losing a ton, just trying to gain enough signups and exposure to get an IPO and strike it rich.

Even though it was a bummer when they all died along with my earnings, I credit much of how I learned to market online with my experience with those companies, its where my nick lazycash came from.

I think a lot of oldschool started out with all advantage and spedia. I also think they got bankrupted by a lot of people committng fraud on these programs.
Autosurf made a lot of webmasters rich but slaughtered the golden goose!

GTS Mark · 07-10-2008, 09:13 PM

Quote:

Originally Posted by Pornopat

I think a lot of oldschool started out with all advantage and spedia. I also think they got bankrupted by a lot of people committng fraud on these programs.
Autosurf made a lot of webmasters rich but slaughtered the golden goose!

You pretty much nailed it.

Pornopat · 07-10-2008, 09:18 PM

Quote:

Originally Posted by DrinkingHARDEST

You pretty much nailed it.

Love the shirt!

96ukssob · 07-10-2008, 09:32 PM

damn, wtf Amp Mobile?

Quote:

that 80,000 of the company's 175,000 customers were unable to pay their bills

its sad how many people dont pay their bills

teomaxxx · 10-07-2008, 09:41 PM

Quote:

Originally Posted by Snake Doctor

teomaxxx
This message is hidden because teomaxxx is on your ignore list.

Thanks for quoting that guy....reading the piece that you quoted reminds me of why I have him on ignore.

He really thinks the entire US economy is going to implode any day now, and any numbers you give to prove him wrong don't matter because "the government just makes up whatever numbers it wants in order to keep our current leaders in power".

I see any temporary weakness in the S&P 500 level 1450 or lower as a buying opportunity. This is based on sound fundamentals.
Obviously if you agree with guys like teomaxxx you wouldn't buy the US stock market at any price, you're hoarding gold and wearing a tin foil hat.

So whatever....

ha,ha, Lenny you got owned big time, unfortunately its not funny anymore.
As i wrote here, your advice to buy stocks should be written as 21st worst investment. I am not going to post S&P 500 chart, but it just closed on 996.

Quote:

Originally Posted by teomaxxx

So as I wrote here, here is a bump for you, since now I am sure, that your advice can easily belongs now to 20 worst investments too. S&P 500 wont see over 1450 level for few years at least, rather for a decade.
Lenny, anyone who cant calculate state of economy at least half year to the future shouldnt buy stocks....thats my free advice to you.

$5 submissions · 11-20-2008, 03:31 PM

The latest market crash will probably add more VC blunders onto this list. I'm thinking many WEB 2.0 plays that "seemed like good ideas at the time"

Pics Traffic · 11-20-2008, 03:55 PM

Flooz.com: Flooz was a digital currency that could be bought online and used somewhat like a gift certificate for online retailers. The company raised more than $50 million in support but, despite backing from big names like Whoopi Goldberg and J. Crew, went broke in 2001 after revenue slowed down. The company also suffered because thieves charged around $300,000 in Flooz to stolen credit cards.
--------------------------
I heard of a guy in russia that became mega rick with credit card fraud and these guys.

marcop · 11-20-2008, 06:40 PM

My buddy started the FuckedCompany.com website, and wrote a book consisting of vignettes about the absurd ideas behind some of the dotcom companies that died ugly deaths: http://www.amazon.com/Fd-Companies-S...7231478&sr=8-1

$5 submissions · 11-21-2008, 02:50 AM

Quote:

Originally Posted by marcop

My buddy started the FuckedCompany.com website, and wrote a book consisting of vignettes about the absurd ideas behind some of the dotcom companies that died ugly deaths: http://www.amazon.com/Fd-Companies-S...7231478&sr=8-1

Philip Kaplan aka Pud used to post on GFY in the past if I'm not mistaken. He went on to found adbrite. It used to be called "Market"-something.

11-21-2007, 09:02 AM	#51
ShellyCrash Confirmed User Join Date: Jun 2004 Location: Tampa Bay, FL Posts: 6,708	Cut Cat blocked my hotlink... fail __________________ Start making money with the hottest hookup site! up to $55 PPS or up to 75% Revshare ICQ 196766477

11-21-2007, 10:01 AM	#54
kenny Confirmed User Industry Role: Join Date: Mar 2002 Posts: 7,245	a) any investment that involves paying seven or more figures to buy just a domain name b) paying hundreds of millions of dollars to buy tube sites that allow surfers to publish content. These sites are one lawsuit away from total destruction just watch __________________ 7

11-21-2007, 10:07 AM	#55
kenny Confirmed User Industry Role: Join Date: Mar 2002 Posts: 7,245	myspace is up in the air for me I know it gets alot of traffic but they don't really sell anything or have any targeted traffic Not only that but if all the kids stopped thinking myspace was cool then myspace would be fucked __________________ 7

11-21-2007, 10:47 PM	#60
justFred Confirmed User Join Date: Mar 2007 Posts: 922	number 21> __________________ Vote Bill Cosby 2012

01-08-2008, 05:18 PM	#71
Hollywood Horwitz Porn To ROCK! Industry Role: Join Date: Dec 2003 Location: Hollywood Posts: 4,357	too bad pets.com didn't do too well,haha. __________________ Ross Horwitz Skype: RossAngeles666 Online Ad Sales / Email / Display Ads / Mobile Cell.323.949.4313 [email protected]

11-21-2007, 10:27 PM	#58
Why MFBA Industry Role: Join Date: Mar 2003 Location: PNW Posts: 7,230	AA went out of business because they got their asses scammed by guys with thousands of referalls that were all the same person running mouse movement bots. had they found a way to keep affiliates a bit more legitimate it might have faired a bit better

11-21-2007, 10:36 PM	#59
Why MFBA Industry Role: Join Date: Mar 2003 Location: PNW Posts: 7,230	on the contrary to those bashing US markets... most profittable investor i know is European based and ONLY invests in US markets. im sure he would tend to disagree with yall. wish i could day trade 2 days a month and travel all the rest. ;)

11-23-2007, 03:30 PM	#68
blogman9 Confirmed User Join Date: Dec 2005 Posts: 1,261	Greate topic: added to http://www.thereisnomoneyinporn.com

01-08-2008, 05:25 PM	#73
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	1. I absolutely hate to say it but I told everyone so. Amp'd was going under from day one. I think I realized this when Kanye West sang a song as the theme and I realized it was targeting 14-25 year old black people. I am NOT racist, but look at statistics. That's a pretty dumb business model, as was proven by a bankruptcy.

01-08-2008, 11:57 PM	#74
EthnicLover Confirmed User Join Date: Feb 2007 Location: S. California Posts: 1,584	I remember Webvan. If you go to the url now, they are just a generic grocery portal. Interestingly webvan.com has a Page Rank of 5. I guess a fair amount of sites are still linking to them. __________________ Honest adult reviews? - Adult Reviews Ethnic paysite owners? - Get reviewed Follow me? - Twitter Porn

01-09-2008, 02:11 AM	#77
salesman Confirmed User Join Date: Mar 2003 Posts: 1,534	really lots of money, a waste __________________ Launched new sites in different niches with exclusive content: PublicSexAdventures.com (Reality, teens!), StudentSexFriends.com (Teens), HentaiNiches.com (Hentai), MyPickupGirls.com (Reality, teens), MyStudioVideo.com (amateur, teens, voyeur), TeensHomePorn.com (Teens, voyeur), StudentSexParties.com (Reality, Teens, Group), etc.. FULL LIST OF SITES HERE >> Amazing Ratio \| High % of Rebills \| Bi-Monthly Payments (also to E-Passporte), Ton's of FHG's and other promo.tools

07-10-2008, 04:41 PM	#79
GrouchyAdmin Now choke yourself! Industry Role: Join Date: Apr 2006 Posts: 12,085	I miss WEBVAN. They had awesome food. Pixelon was awesome.. a scammer skinned Windows Media Player, claimed it was a different product, and made a fortune before being caught. He has to be my favorite scammer (if you're allowed to have one). __________________ AIM: GrouchyGfy

07-10-2008, 04:52 PM	#81
brandonstills Confirmed User Join Date: Dec 2007 Location: Chatsworth, CA Posts: 1,964	I still have one of those CueCat barcode scanners. Device works good, business model was seriously flawed from the start. I made a shitload of money from webvan when it was at 6 cents. When from 6 cents to 26 cents in a day. __________________ Brandon Stills Industry and programming veteran [email protected] \| skype: brandonstills \| ICQ #495-171-318

11-20-2008, 03:31 PM	#87
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	The latest market crash will probably add more VC blunders onto this list. I'm thinking many WEB 2.0 plays that "seemed like good ideas at the time" __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

11-20-2008, 03:55 PM	#88
Pics Traffic Confirmed User Industry Role: Join Date: Jun 2004 Location: Europe Posts: 3,055	Flooz.com: Flooz was a digital currency that could be bought online and used somewhat like a gift certificate for online retailers. The company raised more than $50 million in support but, despite backing from big names like Whoopi Goldberg and J. Crew, went broke in 2001 after revenue slowed down. The company also suffered because thieves charged around $300,000 in Flooz to stolen credit cards. -------------------------- I heard of a guy in russia that became mega rick with credit card fraud and these guys.

11-20-2008, 06:40 PM	#89
marcop Content Producer Industry Role: Join Date: Nov 2005 Location: Los Angeles Posts: 4,147	My buddy started the FuckedCompany.com website, and wrote a book consisting of vignettes about the absurd ideas behind some of the dotcom companies that died ugly deaths: http://www.amazon.com/Fd-Companies-S...7231478&sr=8-1