1997 · Series A
Would you have funded Webvan?
Groceries delivered from robot warehouses
The co-founder of a bookstore chain plans an online grocery service with its own automated warehouses and delivery trucks.
- Each top venture firm invested $3.5 million in the first round
- Needs huge warehouse spending before scale
Show what happened
💥 Bust
Webvan It filed for bankruptcy in July 2001 after losing more than $800 million.
Two top venture firms and Borders invested in the first round.
Sources: Webvan (Wikipedia)
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