Home >

Posts tagged as:

CCharles Moldow

Startup Penny Auction Receives $4.5 Million in Funding

by auctionwatcher on August 11, 2009

Penny Auctions aren’t cheap.
According to an SEC Filing, Project Fair Bid Inc.  has raised $4.5 million to create a stealth, Swoopo style auction.
Leena Rao, for TechCrunch, writes:
Details on Project Fair Bid are limited but we hear the startup hopes to reinvent and legitimize the Swoopo business model by using a different auction methodology to improve [...]

Continue Reading 0 comments Auction News