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If you haven't read the entire story of WebVan, it is worth it. Their problems stemmed from far more than just razor thin grocery margins and had much more to d
by SoftwareMaven 16y ago
If you haven't read the entire story of WebVan, it is worth it. Their problems stemmed from far more than just razor thin grocery margins and had much more to do with late-90's, bubble-fed hubris than anything else.
Unfortunately, WebVan scared anybody off from making a serious investment in it, even though they never actually invalidated the market. If anybody can make it work, it will be Amazon; and if they start succeeding, I can't imagine it will take long for Walmart to follow.
- TomOfTTB 16y agoIs there a full story of WebVan posted somewhere? I've read bits and pieces along with actually being in the Valley at the time but I'd be interested in knowing more.