Some dotcom-era startups were just bad ideas, and others were bad timing. I think Webvan was in the bad timing category. Today there is nothing especially odd about the idea of ordering groceries over the Internet. Several successful companies use some kind of variant of that business model today with success. On April 26, 2001, Webvan had an especially bad day. It pulled out of the Atlanta market, laid off 885 employees, and planned a 1-for-25 reverse stock split in a desperate attempt to keep its stock listed. This was just 13 days after its CEO, George Shaheen, resigned, on April 13, 2001.
David Farquhar is a computer security professional, entrepreneur, and author. He has written professionally about computers since 1991, so he was writing about retro computers when they were still new. He has been working in IT professionally since 1994 and has specialized in vulnerability management since 2013. He holds Security+ and CISSP certifications. Today he blogs five times a week, mostly about retro computers and retro gaming covering the time period from 1975 to 2000.
