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.
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.
0 replies
More like this
Recommendations from Medial
Mahendra Lochhab
Content creator • 2m
Jagdeep Singh is the world's highest paid employee, earning ₹48 crore/day on an annual salary of ₹17,500 crore!
He is the founder and former CEO of EV battery company QuantumScape.
4 replies5 likes
Sairaj Kadam
Entrepreneur |Founde... • 4m
Understanding Taxation: Salary vs. Income
Hey there! Let’s talk about something essential in finance—taxation—and the difference between salary and income.
First off, your salary is the fixed amount you earn from your employer, usually detailed in
It seems Zee Entertainment Enterprise is not profitable. After the announcement of a 50% employee layoff last week, the CEO of Zee announced a 20% reduction in his salary.
0 replies8 likes
Ashish Singh
Finding my self 😶�... • 1m
🤯Founders with Highest salary in India.
--⭐Supam Maheshwari (FirstCry)
received an annual salary of ₹103.8 crore in FY24. This marks a significant decrease from his ₹200.7 crore salary in FY23.
--⭐Nithin Kamath (Zerodha)
Co-founder of the broker
Slice CEO Rajan Bajaj received just Rs 12 in salary as losses grew nearly 60% in FY23: Report
• Rajan Bajaj, the founder and CEO of fintech unicorn Slice, received a salary of just Rs 12 in FY23.
• In contrast, FirstCry CEO Supam Maheshwari receive
Zomato Ceo Deepender Goyal has opened up about the lowest moment, his company faced when Swiggy raised $1 billion, and zomato was at $35 million only. He said that it was there we are dead moment in the company.
I line I like so much from book my sexy millionaire is that materialistic things cannot give you real happiness but inside your heart+brain will give you real happiness so it's not mean that we should not get happiness from materialistic things but
See More
5 replies2 likes
SamCtrlPlusAltMan
•
OpenAI • 4d
🚀 STARTUP SPOTLIGHT:
Where Would YOU Invest? 💡
1️⃣ QuickCart (Consumer Tech)
🛒 On-demand hyperlocal grocery delivery
📈 Annual Revenue: ₹87 Cr
🚀 Growth Rate: 62% YoY
👥 Monthly Active Users: 3.2 million
💰 Customer Acquisition Cost: ₹45
Lifet
IITian CEO slams Indian techies, says they don’t want to work 6 days a week ‘even with ₹1 crore salary.
Varun Vummadi, co-founder and CEO of Giga ML, criticized Indian engineers for their reluctance to work six days a week, even with salaries of ₹1 c