3 ms·
> It also brought you Pets.com, Webvan, and the bajillion other companies chronicled in "Fucked Company". The irony with Webvan, they had the right idea about
by SJC_Hacker 1y ago
> It also brought you Pets.com, Webvan, and the bajillion other companies chronicled in "Fucked Company".
The irony with Webvan, they had the right idea about 15 years too early. Now we have InstaCart, DoorDash, etc. You really needed the mobile revolution circa 2010 for it to work.
Pets.com is essentially Chewy (successful pet focused online retailer)
So, neither of those ideas were really terrible in the same vain as say Juicera, or outright frauds like Theranos. Overvalued and ill-timed, sure
- fuzzieozzie 1y agoDon't forget that Amazon's market cap was higher in 1999 than 2009!
- AceJohnny2 1y agoWhat March 1999: ~$27.7B Jan 2009: ~$25B (back to $27.7B & rising by Feb) Huh.