Loading
As Seen in The Wall Street Journal
Webvan- Failure Museum

Webvan raised $880M to launch in 10 cities before they had proven one leading to their demise in 2001.  Webvan needed $1B for each distribution warehouse in a category with small margins (e.g., 5% on groceries), while the company had a 5:1 expense to revenue ratio.

Picture of Sean Jacobsohn

Sean Jacobsohn

Shopping Basket