Feeds

Letsbuyit.com very very nearly titsup.com

We don't want to say we told you so, but...

  • alert
  • submit to reddit

Top 10 endpoint backup mistakes

Flawed online bulk buyer Letsbuyit.com needs £50 million by tomorrow or it will join the most illustrious of the titsup.com companies.

The company with big plans but an unsustainable business model stopped trading just before Christmas. It called in the administrators but even they couldn't find a way of saving the site. A few at the company are still clinging to the belief that someone will be daft enough to stump up £50 million to be sucked into the vortex. It seems somewhat unlikely.

We can't say how the impending doom has affected the company's share price because its shares were suspended when it called in the receivers.

Letsbuyit is up there with Boo, Clickmango, Boxman and TheStreet.co.uk is terms of high-profile dead ducks. All of them were borne out of that year of Internet madness when the world saw the gold rush start all again, and with the same catastrophic results. They'll all make an interesting bootnote in history. ®

Letsbuyit Stories

CoShopper in talks to buy Letsbuyit.com
Letsbuyit.com bosses resign en masse
Letsbuyit shares go down the toilet
Letsbuyit.com teeters over debt abyss
Letsbuyit wants £48m to help it into the black
Wanted: Strategic buyer for Letsbuyit.com
Letsbuyit no longer illegal in Germany?
Letsbuyit.com too sexy for stuffed shirt
Letsbuyit boosts sales and slashes staff
Letsbuyit.com ducks out of float
Letssellit.com. Oh dear, oh dear
Letsbuyit.com float on again
Letsbuyit.com pulls out of IPO (again)

A new approach to endpoint data protection

More from The Register

next story
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?