Tag Archives : $100 billion gift card market

TechCrunch50: RackUp is a New Auction Related Start Up

TechCrunch50: RackUp is a New Auction Related Start Up

RackUp is a new start up that was presented at the TechCrunch50 conference. It aims to disrupt the $100 billion gift card market by venturing into the online auction platform. The auctions work on the principle of who bids first, and if a person bids first and loads of people come later, his particular bid would have more value. The idea seems to be [...]