Peapod Loses CEO, Investment

from the ouch dept

Today has not been a good day for Peapod. Their CEO has resigned and their backers have pulled out of a planned $120 million investment. The company is now looking at options such as selling itself.

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Comments on “Peapod Loses CEO, Investment”

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Mike (profile) says:

Re: No Subject Given

See, we like to keep Dan around because we know he’s opinionated, but come on Dan: “why does Peapod suck?”. When you just say they suck, you tend to make this conversation less interesting. I tend to agree with you, but I think they suck because I can do math and look at financial statements and realize that it’s going to take years before these guys could create any sort of sustained profitability (that I can see). So, Dan, what’s your reasoning?

Dan Miller (profile) says:

Re: Re: No Subject Given

My reasoning is that every step we take with a company like Peapod or Webvan takes us one step farther away from ever having social interaction. One day, I’m gonna be able to sit in my apartment and never have to leave because everything can be done on the Internet. That may be great for some, but I think it’s possibly one of the most dangerous side-effects of online communication. It allows people to hide from the world and others. Maybe I’m taking out my anger on Peapod, but specifically, I think that having bags and bags of groceries delivered based on shopping in virtual aisles is less efficient than just driving to Safeway.

Mike (profile) says:

Re: Re: Re: No Subject Given

And how much social interaction do you have on your normal trip to Safeway? I go to Safeway once a week and I really have no desire to have any social interaction with anyone there. I think the “social interaction” argument is a lame one. You can’t blame a company that’s trying to make things more efficient for “social problems” like that. You (and eveyone else) has the choice not to use them. If you think it’s less efficient, then don’t use those online sites, and if enough people agree with you they’ll all go out of business…

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