Start-Up Flops: Fourteen Greatest Dot Com Bombs
Heres how some of the biggest new ventures crashed, and burned millions in the process.
Ampd Mobile: $360 Million Burned
Created to provide youth with entertainment through their cell phone provider. Ampd Mobile advertised heavily from the beginning. Ampd sponsored parties and festivals, as well as Snoop Doggs football league. The company gained customers, but encountered problems with bill payment, with nearly half of their customers defaulting on bill payment. Time in business: <2 years
(via)
Related posts:
Internet Trend Blend 2009
The History of Hacking
History of the Internet [Infographic]
Google Vs Facebook: A Battle Of Colossal Proportions
How Technology is Facilitating Education [Infographic]
What Are the Best Web Tools For Running Your Business? [Infographic]
Social Gaming: The Good, The Bad, & The Ugly [Infographic]
A visual history of mobiles: Past, present and future [Infographic]
Social Networking & Your Tradeshow [Infographic]
How Long Does It Take to Hit 50 Million Users