E-Commerce Times Talkback
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Just when it seemed that two Internet grocers were headed for the dot-com chopping block, a couple of food industry giants swooped in and saved the day with huge cash infusions.
I think Webvan made a smart move...pulling out of Atlanta. I lived there for seven years and that place is five counties large. Perhaps in the future, a Webvan warehouse will be located in Cobb County where working families really appreciate and can use its services. The other four counties are too disconnected from lifestyles which would contribute to a venture like Webvan. The ability to find documented specific locations in those other counties is practically nil, even with a map and an assist from police, who don't seem to know anything about anywhere except their own precinct. I am a happy consumer of Webvan products. I look forward to its successfully winning the "online war".
Well, chalk another one up Nostradamus. Webvan filed for bankruptcy today. Good call NewsFactor. I hope there is some small measure of comfort for the poor slugs who shelled out money for shares of Webvan right after reading your article. Maybe you should go to work for Merrill Lynch or Morgan Stanley as an analyst. I'm sure as the ad revenues come in, you can write another glowing review of another E-commerce success story. C'mon!! Your article was in April. It took less than 3 months after the article for this company to tank. Good call.
In the spirit of pointing fingers with such grace and dignity, you might note, "Keith," that the article you are citing was dated April 2000, not April 2001.