Busted Dot-com Ideas Breathe New Life

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

If you remember the dot-com bust pretty well you may recall a company called AllAdvantage. Back in the 1990’s this Internet start-up was one of the first to recognize that online advertising really was the wave of the future. AllAdvantage paid you to surf the web. The idea behind it was simply to install a toolbar on the screen, fill it with advertisements, and the company could pay you to surf the Internet with money it got from the advertisers, and still have some leftover for itself.

AllAdvantage caught on with web users quite easily, as one could imagine. Just install this bar on your screen, ignore it when browsing online, and get paid. Since AllAdvantage didn’t require you to click on anything, it was quite easy to take advantage of the system. College students would leave their Internet Explorer browsers open on their computers when they left for the day, allowing them to collect money for "surfing" when they were really all the way across campus attending class.

Not surprisingly, AllAdvantage went under along with thousands of other web start-ups, mainly because it paid out more than it collected from advertisers. There was no safeguard to assure that would not happen. However, it appears the business model is making a comeback.

A new company called Agloco has improved upon the model. Again, you install a toolbar and get paid for surfing the web just as you do now. However, web surfers get paid a cut of any ad revenue that is generated, thereby ensuring that Agloco doesn’t paid out more than it collects. So, users will need to use the toolbar’s search engine or click on ads in order for the model to generate revenue to distribute to users.

Whether or not the idea will work remains to be seen. However, the service is set to go live shortly, and those who made a killing off of AllAdvantage before it went belly-up, or anyone else who is interested, can sign up at Agloco’s web site and they will email you when the service goes live.

http://www.peridotcapitalist.com/

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

INTC Vol: 136,361,791
WAT Vol: 1,279,557
MU Vol: 46,167,976
AKAM Vol: 3,818,657
ROK Vol: 1,067,933

Top Losing Stocks

PYPL Vol: 28,617,020
PLTR Vol: 62,189,718
POOL Vol: 1,244,414
FDS Vol: 992,352