Monday, April 25, 2005
What is woot and who's behind it?
"woot.com is an online store and community run by the employees of a 10 year old consumer electronics distributor that focuses on close-outs and generally buying stuff cheap. Since the distributor doesn’t sell to end users, Woot, Inc provides us with an employee-store slash market-testing type of place. Hopefully the boss won’t take notice. We anticipate profitability by 2043 -- by then we should be retired; someone smarter might take over and jack up the prices."
(i apologize if this is old news to anyone, but i just heard about it like 20 minutes ago...)
(i apologize if this is old news to anyone, but i just heard about it like 20 minutes ago...)
# posted by Sweatpants Money : 4/25/2005 09:17:00 PM
