Troubled Webvan on Monday said it has ceased operations and plans to file for Chapter 11 bankruptcy protection. The online grocer, which has been struggling financially for some time, said it has no ...
FOSTER CITY, Calif.--From its $1 billion warehouse order to the generous severance it gave to its former chief executive, Webvan was always an oversized dot-com. So it figures that a bankruptcy ...
As an undergraduate student at Georgia Institute of Technology, Pablo Macouzet Jr. used to suffer through crowded subways, crushed eggs, and armfuls of plastic bags in order to stock his fridge--until ...
As an undergraduate student at Georgia Institute of Technology, Pablo Macouzet Jr. used to suffer through crowded subways, crushed eggs, and armfuls of plastic bags in order to stock his fridge--until ...
Defunct online grocer Webvan (Nasdaq: WBVN) was slapped with its second class action lawsuit in as many weeks Monday, over allegations that its initial public offering (IPO) violated federal ...
The stocks of nearly all Internet retailers look like piranha leftovers these days, so it’s not surprising that Tuesday’s news about Webvan didn’t make much of a splash in Silicon Valley’s ...
You know what they say about history: “Those who don’t know history are doomed to repeat it.” Well, let’s hope that Sequoia Capital — one of the biggest backers of dot-com poster child Webvan — have ...
SAN FRANCISCO (Reuters) - The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital and IPO ...
SAN FRANCISCO --A year ago, online grocer Webvan Group had a lot on its plate. The company had just gobbled up rival HomeGrocer.com in a $1 billion takeover and management remained set on ...
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"It's different this time." That's one of the refrains heard during the most recent "steroid era" of startups, where investors were pouring hundreds of millions of dollars into startups at valuations ...