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  2. DealDash - Wikipedia

    en.wikipedia.org/wiki/DealDash

    DealDash was founded in 2009 by William Wolfram, a 16-year-old Finnish entrepreneur, who had lost $20 bidding unsuccessfully for a MacBook on an earlier penny auction site. Wolfram had generated approximately $500,000 in affiliate sales a year earlier buying popular YouTube videos for $50, borrowed from his mother, then collecting revenue from ...

  3. Bidding fee auction - Wikipedia

    en.wikipedia.org/wiki/Bidding_fee_auction

    A 2010 TechCrunch article about penny auction site MadBid called this business model "a license to print money." [3] Eighteen months later, a reporter for The Guardian wrote, "legions of penny auction sites have folded, including Swoopo, Rapid Bargain and Bid Boogie." The reporter spoke with a representative for MadBid, who denied that the ...

  4. Swoopo - Wikipedia

    en.wikipedia.org/wiki/Swoopo

    Standard auctions began with an opening price of $0.12 and every time someone bids the price increases by $0.12. Other bidding fee auctions use different values - "penny auctions" use $0.01, 6¢ auctions $0.06, etc. The price of bids and the incremental values vary depending on the regional version of the site used. The auction ends when time ...

  5. Penny auction sites are hot, but have more risk than reward - AOL

    www.aol.com/news/2010-08-13-penny-auction-sites...

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  6. A Money Saving Website So Clever You'll Think It's a Scam ...

    www.aol.com/news/2012-03-22-an-auction-website...

    Imagine a world of 20-cent lattes, $11 iPads and gas at 19 cents a gallon. That is the reality that entrepreneur Barry Shore is looking to create with YouNeverLose.com, a penny auction site that ...

  7. Consumer Alert Roundup: Penny Auction Sites, Advance Fee ...

    www.aol.com/2011/06/15/consumer-alert-roundup...

    Dicey Penny Auction Sites Penny. The Better Business Bureau has issued a slew of consumer warnings recently, so to make it easier for you to keep on top of them all, Consumer Ally decided to ...

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