US Youth MVNO Ampd Mobile named worst VC investment of all time

Quite a moniker of acceptance when you outrank Boo.com by 19 places!

Inside CRM lists the worst VC failures of all time (well internet time at least) and ranks the MVNO proudly at number 1.

Key reason cited as the source of their failure to return on the $360 million invested?

It has been reported that 80,000 of the company’s 175,000 customers were unable to pay their bills