Word: auctions
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Dates: during 1990-1999
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With thoughts of a jobless, impoverished, post-graduation future bearing down, one senior girl (who wishes to remain nameless) decided to test how far the Harvard name could take her. Last month, she put her used underwear up for sale on Ebay.com, a virtual auction Web site. Knowing that Ebay sales require creative marketing ploys, she coaxed potential buyers with "sexy, red-head, Harvard coed's panties being sold to the highest bidder." Offers came in from across the country. Although the senior earned $7 from the sale, she now believes--given the response she received--that she may have...
Server problems brought down eBay's online auctions for more than five hours Monday, making it impossible to post bids or new auction items from roughly 8:30 a.m. EDT to 2 p.m. EDT. The outage affected nearly two million on-going auctions, and is just the latest in a string of service snafus that have marked the length of eBay's hyper-growth...
Just the past Friday eBay experienced similar server problems, with auctions down for two hours (5:30 p.m. EDT to 7:30 p.m. EDT). Early eBay users are accustomed to service interruptions but millions of newer arrivals were left wondering if online auctions really are ready for prime-time. Furious users vented in online message boards like Auction Watch, while Kevin Pursglove, senior director for communications at eBay, told press, "We are always concerned when we have any downtime on the site... We are trying to respond as quickly as we can." On its own announcement board, eBay posted...
...later sell to AOL for $70 million. The soft-spoken, laid-back Connecticut native and Ohio Wesleyan University math major has never looked back, riding the trend to a personal net worth of $2.5 billion. Regrets? He passed up a chance to invest in eBay, the wildly successful Internet auction house. Wetherell figures that oversight cost him $4 billion...
...hosts Hunter Pierson and Luke McLoughlin did a magnificent job keeping the auction exciting and keeping the audience rolling on the floor with laughter. It is to their credit that we raised well in excess of $3,000, the most successful house auction that Eliot has ever had. As for hosts' tuxedoes, Crocker seems to be confusing stuffiness with style. Elitism may be gone, but Eliot will always have class...