Creative Destruction

I wish I had thought of this! Its a license to print money. Check this out. They are selling 300 “free bids”. They sell individual bids fo $0.75 each. So the list price for 300 bids is $225. That’s pure profit for swoopo. But then they put 300 free bids up for auction on the site, and it is selling for more than $300! The auction price goes up by 0.15/bid so that means that they’ve received $1,500 already for the auction. Then they’ll get another $300+ for something they normally sell for $225.