| Founded | 1996 |
|---|---|
| Closed | 2001 |
| Country | USA |
| Sector | Ecommerce |
| Total raised | $1.2B+ (Goldman Sachs, Sequoia, Softbank, 1997–2000) |
| Collapse type | Sudden Collapse |
| Founder | Louis Borders |
Webvan
"The $1.2B grocery delivery startup that tried to build 26 city warehouses before proving it worked in one"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Webvan was founded in 1996 in Oakland by Louis Borders, co-founder of Borders bookstores, with the vision of delivering groceries on demand within a 30-minute window from state-of-the-art automated warehouses.
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