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TC50: Gift Card Auction Site Rackup Aims To Shake Up Market

Leveraging the power of the Web, behavioral economics and an applied branch of game theory called auction theory, Rackup is surfacing today at TechCrunch50 with a bold play on online auction platforms and the audacious goal to disrupt the $100 billion gift card market with it. Unlike most web services in this field, Rackup isn't about offering a trade or resale platform for gift cards but does something unique, basically offering the auction winners a way to always get more value than they pay for no matter what. The goal: bringing the 'Black Friday' feel into people's lives online, every day. TechCrunch50 Conference 2009 : September 14-15, 2009, San Francisco
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