News

News

by Teck Chia




The $4 Billion Warehouse

from the only-in-silicon-valley dept

One wonders what investors are smoking when they give Webvan a $4 billion dollar valuation. It's been discovered that they are inhaling smoke from burning the money that they have plenty of. Is WebVan going to be another Iridium in the making or is it really a Safeway killer ?

2 Comments | Leave a Comment..

 
 

Reader Comments

(Flattened / Threaded)

    Aug 2nd, 1999 @ 7:28pm
  • Webvan

    by prash

    I don't know if Webvan deserves the $4B valuation, but I was impressed when I tried their service. They have the pontential to be more than just a Safeway killer. I can see them bringing me a couple of videos and maybe my dry cleaing when they drop of my groceries. Now, that would be convenient. Plus, they could provide fast delivery on books and cds since they have their own local distribution network.

    (reply to this comment) (link to this comment)

    • Oct 3rd, 1999 @ 8:05pm
    • Re: Webvan

      by muzicman

      If you take a look at their logo you will see a mistery package. It could be anything, and trust me, it will!!!!!!!!!!!!!!!!!!

      (reply to this comment) (link to this comment)

Add Your Comment

Have a Techdirt Account? Sign in now.
Get Techdirt’s Daily Email
Plain Text HTML
Save me a cookie
  • Plain Text: A CRLF will be replaced by break <br> tag, all other allowable HTML is intact
  • HTML: No formatting of any kind is done without explicitly being written in
  • Allowed HTML Tags: <b> <i> <p> <a> <em> <br> <strong> <blockquote> <hr> <tt>
Close
Have a Techdirt Account? Sign in now.
Get Techdirt’s Daily Email
Plain Text HTML Save me a cookie

Search Techdirt
And now, a word from our Sponsors..



Subscribe to Techdirt's Daily Email Newsletter

Techdirt's Daily Email Newsletter

Related Stories
Close
E-mail It