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Capazoo Blows $25+ Million, Heading To The DeadPool

March 19th, 2008 at 9:32 pm

Source:TechCrunch
Facebook has taken steps to limit application spam numerous times in the past. One of the recent steps they took was to specifically limit the number of daily invitations that users could send out to others - going from a hard cap of 20/day to a variable rate that takes into account the rate of […]Source:TechCrunch
Canadian social networking site Capazoo has fired most of its staff and is heading to the Deadpool.
We first wrote about Capazoo in December 2007 where we noted that it paid users to participate, but only if they paid a membership fee then referred other users in a classic pyramid scheme structure.
According to local media reports, […]

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