Webvan Valued at $4 Billion
from the creating-money-out-of-thin-air dept
Webvan, which only launched their business 2 months ago, is now valued at a whopping $4 billion. I understand they have put a lot of work into what they're doing, and are spending a ton of money (and have a ton of money), but let's face it, they're working on an idea that plenty of other people have tried and failed at. Well, at least we know that the money is still flowing.