Question: for the test: Webvan Webvan was the biggest flop during the dotcom era of start-ups. At its peak, in 1999, it was valued at $1.2

for the test: Webvan Webvan was the biggest flop during the dotcom era of start-ups. At its peak, in 1999, it was valued at $1.2 billion. Two years later they filed for bankruptcy, laid off 2000 employees, and closed up shop. Webvan could potentially be considered a start-up ahead of its time, their vision was a home-delivery service for groceries, where customers could order their groceries online, but thats not where the problem lies.15 years later

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Chemical Engineering Questions!