Failed early internet businesses seem awfully familiar.
> I basically think all the ideas of the 90s that everybody had about how this stuff was going to work, I think they were all right, they were all correct. I think they were just early — @pmarca
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TextPayMe (2006) – Payments between friends via mobile phones. Sounds like Venmo! This article even frames TextPayMe as "the logical second act for PayPal." Venmo was. Now PayPal owns them :)pic.twitter.com/YsSmSx8ccT
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Pets.com (1998 - 2000) – bad idea, too early, or just prematurely bankrupted by the bubble bursting? PetSmart acquired Chewy.com for $3.35B in 2017! People mocked later attempts to sell pet supplies online, but the Pets.com CEO understood it was viable https://www.businessinsider.com/petscom-ceo-julie-wainwright-2011-2 …pic.twitter.com/UJdJCQQUXd
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There were lots of attempts to build digital currencies before Bitcoin: DigiCash ('89), Beenz (98), Flooz (99), e-gold (98), 1mdc (01), e-Bullion (01). Some even tried to anonymously create underground (Tor only) currencies like eCache (2007).pic.twitter.com/rGb77rLTtV
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Ocado ($6.8bn) in the UK is probably a closer match, they own their own warehouses and delivery vans. Differentiated from Webvan by their warehousing and routing tech which Kroger will be using soon in the US.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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