Infrastructure // PC & Servers
11:10 AM
Cora Nucci
Cora Nucci
Don't Miss The All Analytics Academy: Analytics for All - A Right Start
Jun 07, 2016
Whether your organization is considering the use of big data and analytics, or has taken its first ...Read More>>

Slick Profits And Ugly Extortion At U Of Maryland

An e-commerce triumph by young college entrepreneurs has been tarnished by larceny and extortion at the University of Maryland.

An e-commerce triumph by young college entrepreneurs has been tarnished by larceny and extortion at the University of Maryland.

You know that jar of cooking grease where you dump bacon fat and other artery-clogging kitchen glop? The jar that sits by the stove, its contents slowly congealing into a rancid, good-for-nothing block of glop?

Last month a University of Maryland sophomore and his well-fed housemates sold one just like it on eBay for $305. The bidder, clearly someone with a soft spot for small biz, told the sellers to remarket the goop. They set up a Web site, are planning a calendar, and have seen the value of the jar rise to $700.

According to their school newspaper, the housemates "have even begun sending Facebook messages advertising a contest aimed at art history majors who they want to come up with the most creative critique of the grease jar as a piece of modern art."

That's a pretty slop jar. It would be a shame if anything were to happen to it.

Now this tale of entrepreneurial triumph has been stained by crime: On April 21, the boys' moneymaker was nabbed. A ransom note has instructed the enterprising Terrapins to drop off "$1,000 large" at a park or "the grease gets it."

At least the perp had more imagination than to write, "all your grease are belong to S.S. Snoogins."

-Cora Nucci, Editor, Small Biz Resource You can write to her here.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Server Market Splitsville
Server Market Splitsville
Just because the server market's in the doldrums doesn't mean innovation has ceased. Far from it -- server technology is enjoying the biggest renaissance since the dawn of x86 systems. But the primary driver is now service providers, not enterprises.
Register for InformationWeek Newsletters
White Papers
Current Issue
2016 InformationWeek Elite 100
Our 28th annual ranking of the leading US users of business technology.
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.