Toys ‘R’ Us (NYSE: TOY) insists the refurbishing of its online store is on track, but that project will no longer get help from well known venture capitalist Benchmark Capital Inc. Along with announcing its second quarter earnings results Monday, the toy store chain confirmed it has terminated its pending partnership agreement with Benchmark, the Menlo Park, California-based company that is known for successful investments in eBay, Critical Path, E-Loan and other e-commerce and Internet-related companies.
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ToysRUs.com Cuts Benchmark Loose
Posted by: Mary Hillebrand August 17, 1999 12:00 AMToys ‘R’ Us (NYSE: TOY) insists the refurbishing of its online store is on track, but that project will no longer get help from well known venture capitalist Benchmark Capital Inc. Along with announcing its second quarter earnings results Monday, the toy store chain confirmed it has terminated its pending partnership agreement with Benchmark, the Menlo Park, California-based company that is known for successful investments in eBay, Critical Path, E-Loan and other e-commerce and Internet-related companies.