Woot.com is an online store and community that focuses on selling cool stuff cheap. It started as an employee-store slash market-testing type of place for an electronics distributor, but it’s taken on a life of its own. Woot.com pioneered the “one deal per day” business model that is now used by several sites across the internet. The basic idea is that only one product is available for sale at any given time and each product is only available for 24 hours.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 01/01/08 | Series A | 4M | Florida Silicon Partners | Unknown |
People
Matt Rutledge (Founder & CEO)
Competitors
StuffBuff:
If a young and sexy twitter, got together with an older and more powerful eBay,....then StuffBuff… See Company Profile »
BlingDaily:
A deeply discounted deal on jewelry, watches and fashionable accessories. A new deal gets posted daily. See Company Profile »
shnoop.com:
Shnoop.com is a daily deal website, that offers a deeply discounted product everyday but gives you… See Company Profile »
DealQUE:
DealQUE [ ′CUE′ ] is a social bargain hunting website and daily deal aggregator gathering the… See Company Profile »
Preisbock:
Preisbock is a German daily deals ecommerce site. Preisbock is about price specials on a different… See Company Profile »
News
Video game e-commerce: It’s about serving the fans
November 19, 2012 10:00 pm
Video game publisher Electronic Arts is opening new online stores and changing its approach to e-commerce. Back in August, EA… Continue reading ⟩
LivingSocial’s new Shop site takes on Groupon’s Goods, doesn’t impress
July 17, 2012 9:37 pm
Daily deals site LivingSocial is taking on online shopping. Although many will compare it to Groupon Goods, it’s a very… Continue reading ⟩
Groupon investors race for the exits as lockup ends
June 1, 2012 9:39 pm
Groupon shares dropped to a new all-time low today as its lockup ended, releasing a torrent of new shares onto… Continue reading ⟩