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Start-Up Flops: Fourteen Greatest Dot Com Bombs

Here’s how some of the biggest new ventures crashed, and burned millions in the process.

Amp’d Mobile: $360 Million Burned

Created to provide youth with entertainment through their cell phone provider. Amp’d Mobile advertised heavily from the beginning. Amp’d sponsored parties and festivals, as well as Snoop Dogg’s 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

 

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