Dec

11

Agloco = Dead

Filed Under Uncategorized 

Well a couple weeks after making my post about Agloco, I received an email from them.
“    We would like to update you on the status of AGLOCO’s operations.  We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs.  As a development team we are unable to continue to use our savings to fund the operations.  If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at agloco1@live.com . 
   We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user.  We hope that we can find a way to keep the operations going.
AGLOCO Development Team”
Luckily agloco wasn’t something that required much work or time, but it is still quite disappointing.  Even their first venture during the tech boom, All Advantage, was able to launch and pay some of their members.  Perhaps a better management team could have made this work a little better. 

Comments

2 Responses to “Agloco = Dead”

  1. metsguy on December 13th, 2007 9:12 am

    can’t say I didn’t see this coming it was just too big of an operation when they first came out. I’m sure the owners got a nice payday though

  2. kyrious on August 4th, 2008 6:42 pm

    i agree with you i’ve almost signup to agloco til i heard the’re closing up

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