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The world was ready for Webvan back then, it was taking off, but the fatal flaw was their legendary dot-com overspending did them in. The Webvan implosion was
by snorkel 13y ago
The world was ready for Webvan back then, it was taking off, but the fatal flaw was their legendary dot-com overspending did them in.
The Webvan implosion was so big that it left a lasting stigma around that entire business model that made people assume that you'd need a Webvan-size spending budget to ever attempt it again.
Instacart has a clever twist of offloading the actual transportation and storage, the most expensive and complex aspect of grocery delivery, work onto self-appointed local providers who solve that hard part themselves independently of Instacart.