Top 10 Dot Bombs

Top 10 Dot Bombs - 7...

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    Top 10 Dot Bombs Failure and their reasons are  instructive
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Webvan  1999-2001 15 months 375 million IPO 8 cities 1 billion warehouses 26 city expansion plan Mkt cap of 1.2 billion Thin grocery margins 2000 people lost jobs
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Pets.com  1998-2000 Sock puppet mascot was everywhere Never gave consumers a compelling reason  to buy When you need kitty litter you need it now Did not charge shipping…lost money on  popular items  82.5 IPO  9months later gone http://www.youtube.com/watch?v=sICSyC9u5iI
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Kozmo.com Kozmo part 1  www.cfs.purdue.edu/richardfeinberg/kozmo 1.wmv Kozmo 2  www.cfs.purdue.edu/richardfeinberg/kozmo 2.wmv Kozmo 3  www.cfs.purdue.edu/richardfeinberg/kozmo 3.wmv Kozmo 4  www.cfs.purdue.edu/richardfeinberg/kozmo 4.wmv           5   www.cfs.purdue.edu/richardfeinberg/kozmo 5.wmv           6.   www,cfs.purdue.edu/richardfeinberg/kozmo 6.wmv
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Unformatted text preview: 7 www.cfs.purdue.edu/richardfeinberg/kozmo 7.wmv Flooz.com 1998-2001 You buy flooz and then use it to buy stuff 35 million from investors Whoppi Goldberg Signed up big retailers eToys 1997-2001 166 mil in IPO Millions on ads and mkting Revenue low Boo.com Complicated web site Mismanagement Slow slow slow Blew through 160 million MVP.com 1999-2000 Elway. .Jordan…Gretzky + 65 million Agreed to pay CBS 10 million a year Gone Sportsline bought domain name Go.com 1998-2001 Portal No one came 760 million lost Still exists Kibu.com 1999-2000 46 days Teen girl site Financial backers bailed GovWorks.com 1999-2000 Movie startup.com Never worked Partners fought Gov’s did it themselves What can we learn yo...
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