DealDash was founded by William Wolfram and is a well-known bidding website. It currently has nearly a million users and its revenue is growing at an astonishing rate of four times. In DealDash, a product is auctioned off at a low price on a website, and the buyer bids. If no one bids within 10 seconds, it belongs to the bidder, while if someone bids, it automatically delays by 10 seconds. The last person to bid wins the product. The products obtained through bidding are usually at least 60% lower than the selling price in retail stores, so this auction bidding method has gained the favor of many consumers.
