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Why Did Webvan, a Grocery Delivery Platform failed So, it was 1996. The internet was expanding as crazy, and every dot-com company was raising millions with nothing but an idea. Louis Borders decided to jump on this trend and thus started Webvan.

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Havish Gupta

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It just tried to make money for their founders. Its CEO was promised a $4 Million annual salary ALONG with $375k annual income for his lifetime.

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