AllAdvantage Makes Worst VC Investments List
By: Lisa Picarille
Tagged: AllAdvantage, Inside CRM, jim Kukral, Venture Capital and Worst Investments of All Time
Earlier this weekl Inside CRM came out with its list of The 20 Worst Venture Capital Investments of All Time. Number 12 on the list was AllAdvantage. You remember them don’t you?
The company offered Internet users 50 cents per hour to watch banner ads on a "Viewbar." Of course, the problem with their business model was that advertisers didn't see the appeal of the low-pay demographic AllAdvantage offered. According to the Inside CRM list, AllAdvantage represents $135 million ... More
