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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 ...
Each of the bids increases the price of the item by a small amount, such as one penny (0.01 USD, 1¢, or 0.01 GBP, 1p; hence the name of the auction), and extends the time of the auction by a few seconds. Bid prices vary by site and quantity purchased at a time, but generally cost 10–150 times the price of the bidding increment.
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 ...
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 ...
At least, that's what hooked her in to the penny auction site SwipeBids. Skeptical at. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290 ...
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 ...