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 ...
Each of Webvan's 1,700 hourly workers received a check for $900--a gift from an "anonymous third-party person who is a very gracious and giving person," said Webvan spokeswoman Amy Nobile. No one ...
Webvan Group was a high-profile dot-com grocer that just couldn't deliver on its dreams. It grew too big, too fast and eventually choked on its own complexity. It focused on the delivery side of the ...
In the sober days of 2001, it's hard to imagine a time when a company with an untested plan for an online grocery shopping service could inspire private investors to instantly part with hundreds of ...
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 ...
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 ...
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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