Quote:
Originally Posted by 1880nonsports
to get people to the site after watching the first lots live. I have no life so I stayed because I was intrigued by the 10.00 opening bids as there were a couple of interesting signed helmets. NO BIDDING! Of 200 or so lots I watched the couple/three lots that garnered a bid were passed by the house as not meeting the reserve. An amazing waste of time but each lot took only about 15 seconds.....
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Post closing Staff meeting; "Gee Fellas, this business model that Carl cooked up and we invested in with the promise of very robust returns isn't quite working out and my wife is pissed she didn't get her kitchen remodel instead. Carl called me over the weekend and wants me to double down on my investment, he says if we increase the reserve by 30% it will trigger Fomo with the bidders.
Whaday'all think?"
I mean we must be making money right? Did you see Carl's new Audi...