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The disastrous rise and fall of a $10 billion Bay Area unicorn
When it first opened in 1999, Webvan was considered a unicorn before ... As its customer base soared to 750,000 users, powerful investors from SoftBank and top Silicon Valley firms who dumped ...
Business Insider14y
Go Ahead, Raise And Spend As Much Money As Webvan
Remember how famous dotcom startup Webvan spent $1 billion before going bust? In a blog post at AllThingsD, Ben Horowitz makes the case for more of those types of "fat startups"-- startups that ...