Podcast
Questions and Answers
What was Webvan's aim with its revolutionary idea in the dot-com bubble era?
What was Webvan's aim with its revolutionary idea in the dot-com bubble era?
To revolutionize the $450 billion retail grocery business with online ordering and same-day door-to-door grocery delivery.
What did Webvan believe was one of the first 'killer applications' for the Internet?
What did Webvan believe was one of the first 'killer applications' for the Internet?
Online grocery ordering and same-day delivery.
Who did Webvan hire as its CEO during its operations?
Who did Webvan hire as its CEO during its operations?
A seasoned CEO from the consulting industry.
What was one of the reasons why Webvan initially seemed to be doing everything right?
What was one of the reasons why Webvan initially seemed to be doing everything right?
Signup and view all the answers
Despite doing everything asked by its board and investors, why did Webvan go bankrupt?
Despite doing everything asked by its board and investors, why did Webvan go bankrupt?
Signup and view all the answers
How long did it take for Webvan to go bankrupt after its initial public offering?
How long did it take for Webvan to go bankrupt after its initial public offering?
Signup and view all the answers
What mantras did Webvan fervently follow?
What mantras did Webvan fervently follow?
Signup and view all the answers
What did Webvan fail to ask, leading to its downfall?
What did Webvan fail to ask, leading to its downfall?
Signup and view all the answers
What industry adopted the product-centric model in the 1950s?
What industry adopted the product-centric model in the 1950s?
Signup and view all the answers
Why is the new-product introduction model not a good fit for most startups?
Why is the new-product introduction model not a good fit for most startups?
Signup and view all the answers
What stage involves turning passion and vision into a set of key ideas for a business plan?
What stage involves turning passion and vision into a set of key ideas for a business plan?
Signup and view all the answers
What is the outline for a business plan based on at the concept and seed stage?
What is the outline for a business plan based on at the concept and seed stage?
Signup and view all the answers
