http://startup-meme.disqus.com/Tech news blog covering cool whats new on the web & provides Web Technology news reviews and analysis covering web apps web technology trends social networking & social media.enFri, 20 Nov 2009 21:13:19 -0000http://startupmeme.com/swoopo-buy-and-place-bids-for-products/#comment-23678482<p>Swoopo is just a money printing machine. Swoopo prints its own fake money in the form of bids that cost $0.65 each and that last only 20 seconds. In other words each auction generates at least $117 per hour or more if automatic bidding is used.</p>googlerFri, 20 Nov 2009 21:13:19 -0000http://startupmeme.com/swoopo-buy-and-place-bids-for-products/#comment-16264039<p>Swoopo does not ship in the time stated and their customer service does not reply to inquiries. You have been warned. Do a google search on "swoopo scam" and see for yourself. It is not the business model that is fraudulent... it is their nonexistent customer service and failure to deliver won items.</p>WarningWed, 09 Sep 2009 13:51:36 -0000