Worst Venture Capitalist Investments

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Alladvantage

alladvantage, VC, venture capital, fundsAlladvantage saw $ 135 million in venture capital, but filed for Chapter 11 bankruptcy. Alladvantage offered 50 cents to Internet users to watch banner ads on a "ViewBar", but apparently the advertisers never saw the appeal of the low-pay demographic offer made by Alladvantage. The company then lowered the amount of hours for surfing the Internet and tried to enroll all their members to their sweepstakes program.