Online grocer Webvan closes, will
9Jul2001 Filed under: Zomg blogger archivesOnline grocer Webvan closes, will file for bankruptcy
…But the company never came close to making money, losing $830 million since its inception.
“We are very proud of what we accomplished,” Webvan spokesman Bud Grebey said in an interview today…As of June 30, Webvan estimates it had $38 million to $40 million in cash, down from roughly $100 million on March 31.
Now that’s just funny. Almost as funny as the WebVan haiku on FuckedCompany.com.
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Hey there. I'm Ariel Meadow Stallings, a native Seattleite who's written my way up and down the Left Coast. Electrolicious is where I post daily randomata, but I also write for a living. My first book, Offbeat Bride, was published last year.
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