E-Commerce Times Talkback

Re: Webvan: Just Another Dot-Com Crash
Posted by: ECT News 2001-07-10 18:57:37

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Depending upon where you got your news about Webvan closing up shop and filing for
bankruptcy protection, it was either called the end of a dot-com era or proof positive
that pure plays can't float in today's turbulent economic ocean.

But is Webvan's closure evidence of anything so grand? No. Not any more than the dozens
of e-tailers to die before it. Webvan was a victim of its own circumstances and
of bad timing. But drawing too many conclusions from its death is a murky business.

Re: Webvan: Just Another Dot-Com Crash
Posted by: rightfred 2001-07-12 18:12:48 In reply to: ECT News

I so much agree with this viewpoint writer. It sometimes seems that everything written about the Internet has to be in superlatives.

If the corner grocery store closed down, would we try to see it in philosophical terms? No, but since it was an Internet delivery system, people get all choked up. So what, a lot of good ideas don't turn into solid businesses. If Webvan was such a great company, it would have done a better job at management of its resources and planning for profits. Instead, it was a flaky company that we should all just stop talking about.

Right now.