Could Webvan.com Have Been Saved free essay sample

This paper analyzes the reasons why Webvan.com failed. This paper analyzes in detail the demise of the dotcom business, Webvan. The author states that Webvan ignored the most important lesson that good business is still based on basic rules of supply and demand, customer service, employee relations, and prudent expansion. It reached too far and too fast. In the boom days of the dotcoms, even with such ambitious scope, Webvan had no trouble raising capital; at its inception, investment analysts gave it the nod with assessments that ranged from attractive to strong buy But no sooner did the company go public in November of 1999 and raised $375 million, but the bottom dropped out, and it showed losses of $144.6 million in its first year of existence. At that point, from a market perspective, most of us would do what the analysts did urge holds and caution to give the brand-new baby business time to find its feet. We will write a custom essay sample on Could Webvan.com Have Been Saved? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page