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by cuban-frisbee
2529 days ago
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Webvan is an interesting case because it could have succeeded if it was not for some strategic blunders (i.e. the idea was good and to some extend the execution in the beginning). The main thing they did wrong was buying and the fumbling the Home Grocer acquisition [1]. Web van was investing heavily in their own warehousing system so they scrapped Home Grocers which at that time was actually better. The acquisition was a large financial cost (1,2 billion) but also a large opportunity cost. [1]https://www.academia.edu/11307477/HomeGrocer.com_Anatomy_of_... |
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