Mighty bids throws the towel

By Heri Jun 23rd 2007 in Business

mighty bids

Mighty Bids, an ebay competitor, has dropped the towel, and you can now find the business for sale on ebay, which I see as a tribute to eBay’s business model. Sadly, I don’t think there is a way to go into direct competition with eBay, whose assets lie mainly in its rating system and user history. I guess you could go hyper-local, or focus only on niche products, but that is certainly not enough. If you think you have the skills to design a business model which will win against eBay, give me a ring and we will conquer the world next month. :-)

thanks to StartupNorth

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