Weblo, where you can be a virtual mayor, raises $3.3M

Weblo, where you can be a virtual mayor, raises $3.3M

In April, we wrote about Montreal company Weblo, and we called it somewhat of a pyramid scheme.

It lets you buy virtual domain names, for example www.LosAngeles.com for a few bucks (even though the domain name is owned by someone else on the real web),… Continue Reading

Pyramids continued: Weblo, become a virtual governor

Pyramids continued: Weblo, become a virtual governor

Yesterday, we wrote about the latest wave of Internet pyramid schemes.

We failed to mention Montreal’s Weblo, a company that sells you virtual domain names, so you can buy www.LosAngeles.com for a few bucks (even though the domain is owned by someone else on the real Web),… Continue Reading