What is "cyberrebate"

Cyberrebate.com, Inc. was an online retailer that promised 100% rebates on electronics and other retail items. The company sold items for as much as 10 times above list price and relied on the assumption that 5% of its customers would neglect to apply for their rebate. It was founded in May 1998 and went bankrupt in May 2001. It is a commonly cited example of a dot-com bubble firm. CyberRebate's website is not available on the Wayback Machine, due to robots.txt.