Bubble Era Dot Bomb AllAdvantage Bombs Again as Web 2.0 AGLOCO

[mandy]

From GigaOM:

We got more than one email this week asking us to join the rebirth of AllAdvantage1, the bubble-era pyramid scheme. The new company is called AGLOCO, and it is pre-launch, but the idea is the same — get paid to surf the web. This time, the motto is “own the internet.” To all those saying today is different than the last bubble…well, not anymore.

Though advertising and analytics techniques have improved a bit since 1999, it seems that AGLOCO (created by a couple of the AllAdvantage founders) is going with the tried and true banner at the bottom of the browser, called the “Viewbar.”...

full article: http://gigaom.com/2006/11/03/alladvantage-is-back/

From TechDirt:

The other day, someone asked me if there were signs that this new boom or bubble was similar or different than the last one. In thinking about it, I said the worrisome point was that there appeared to be a bunch of startups that were trying to do exactly what startups during the first internet bubble did -- but without recognizing what made the first versions fail (or, worse, not even realizing that the idea had been done before). In some cases, though, it was actually the exact same people putting a fresh "Web 2.0" coat of paint on an old idea that failed. It appears that's exactly what's happening with this new company Agloco, which is the 2.0 reincarnation of AllAdvantage. While the Pets.com sock puppet is often thought of as the mascot of the dot com bubble, a more appropriate defining dot com was probably AllAdvantage...

full article: http://techdirt.com/articles/20061103/114236.shtml

From the AGLOCO FAQ:

What is AGLOCO™ all about? AGLOCO™ is the first Internet based economic network, which enables you as a Member to Get your share of the Internet. Advertiser’s, search companies, online merchants and other businesses currently pay lots of companies to deliver people like you to them for attention and commerce. With AGLOCO™ they will be paying YOUR company. AGLOCO™ is also a global community of Internet users whose active Members can paid for all their online activity. By downloading our proprietary Viewbar™TM technology, members benefit from engaging content tailored to their interests. AGLOCO™ also pays its members to refer their friends to the community (and for those friends to refer more friends through four levels of extended referrals.)

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[mandy]

Two time failure:

If it was a bad idea the first time around, it’s probably a bad idea the second time around too. Mike was harsh on AGLOCO, a variation of the failed AllAdvantage pyramid scheme from a few years ago, when he wrote about their launch. He was right to question the business - they’re closing down..

full article: http://www.techcrunch.com/2007/12/10/agl...-deadpool/