Taking an idea inspired by Dutch tulip merchants - instead of getting more expensive, everything at auction
gets cheaper by the minute - Bates College junior Elliot Moskow thinks he could unseat eBay.
His company, Pricefalls-.com, launched last month. Monday morning, it had 109,272 items up for sale.
Continue Reading
When Elliot Moskow, 21, was looking for a place to resell jewelry he'd purchased at police auctions,
his first thought was to create an eBay storefront.
He did, but his items weren't selling—and he still had to pay listing fees. The cost was too great,
says Moskow, a junior at Bates College in Lewiston, Maine.
Continue Reading
A Bates junior has made news by turning the conventional model of online auctions upside down. Elliot
Moskow of Coral Springs, Fla., is the chairman and CEO of Pricefalls.com.
Unlike such auction Web sites as eBay, where bidding drives up the prices of items for sale, the selling
prices on Moskow's site start high and decrease at regular intervals.
Continue Reading
Whenever people think of online auctions, people think eBay. The most common eBay auction is an ascending bid auction,
so the price keeps rising until only one person is willing to pay for an item.
However, what if nobody is interested in the item that a seller is selling? The seller still must pay various fees for
posting an item.
Continue Reading
Maine has served as fertile ground for a few technology developments in recent weeks, from innovative gadgets to startup websites. Here’s a roundup. Continue Reading