Entity Dossier
entity

Webvan

Strategic Concepts & Mechanics

Signature MoveInformation War Before Every Battle
Operating PrincipleOpacity Through Entity Renaming
Strategic PatternSell the Buyer His Own Money
Strategic PatternBrand Prestige as Holding Company Currency
Signature MoveSell at the Ceiling, Buy at the Crash
Cornerstone MoveStack the Cascade, Keep 51% at Every Floor
Cornerstone MoveBuy the Wreckage, Extract the Jewels
Cornerstone MoveTurn Every Ally Into a Stepping Stone
Signature MovePersonal Enrichment Through Internal Transfers
Risk DoctrineCrash as Invitation, Not Crisis
Signature MoveVictory Without Mercy, Then Make Them Pay
Capital StrategyGovernment Subsidies as Launch Fuel
Relationship LeverageGratitude Is a Disease of Dogs
Competitive AdvantageProducer-to-Consumer Margin Capture
Capital StrategyStock Options as Majority Shareholder Self-Enrichment
Identity & CultureGrandmother's Cult of Superiority
Signature MoveSilence the Dissent, Control the Narrative
Decision FrameworkCreditor Coercion by Liquidation Threat
Signature MoveWorld's Top Hair Stylist for a Virtual Avatar
Signature MoveEx-Gurkhas Guarding a Website Company
Competitive AdvantageMedia Buzz as Substitute for Product Readiness
Decision FrameworkInsider Empathy as Restructuring Poison
Identity & CultureAdversity Loyalty Mirage
Cornerstone MovePrestige Names as Fundraising Stampede
Risk DoctrineBurn Rate Denial Until the Doctor Arrives
Cornerstone MoveCut Cruel But Never Cruel Enough
Cornerstone MoveBuild Utopia in One Apollo Mission
Capital StrategyValuation Without Revenue is Pure Narrative
Cornerstone MoveZero-Valuation Last-Chance Triage
Signature MoveThirty Employees Memorizing a Philosophy Book With Zero Customers
Signature MovePrivate Jets as Money-Raising Machines
Relationship LeverageInvestor Prestige ≠ Investor Governance
Signature MoveCall Centre in London's Most Expensive Postcode

Primary Evidence

"Based on information released by the US stock market authorities, here are some of the startups in which Bernard Arnault has invested through his Dutch companies: 1800 Flowers (online flower-gift retailer); Ashford (cultural products e-commerce site); Boo (clothing e-commerce site); Boxman (online record store); Cryo Networks; Datek Online (online broker); e-Bay (online auctions); e-loan (real estate loans); epo.com (financial site); Firstmark (wireless local loop), in which Groupe Arnault invested $ 120 million; Furniture (office furniture e-commerce site); FusionOne (wireless technology); LeisurePlanet (tourism); Mercata (group buying); Mortgage (loans and credits); MotherNature (health and beauty); Pilinvest; MP3. com (online music); MyFamily.com (community site); Netflix (DVD rental); Oxygen Media (women's internet and TV), in which Groupe Arnault invested $ 122 million; Petopia (pet-related site); PlanetRX (health); VideoNet (interactive internet); Webvan (online grocery)."

Source:l'Ange Exterminateur

"holder, the billionaire Bernard Arnault, was passionate about the internet. On his frequent trips to the US, he had seen at first hand the impact this new medium was having on traditional retailers. Like us, he knew it was only a matter of time before the e-tailing craze hit Europe. For almost a year now he had been making small, but lucrative investments in US dot.coms like eBay and Webvan. Helping him scout for deals was Jean-Bernard Tellio, a suave, fast- talking, former curator of the famed Centre Pompidou in Paris. We"

Source:Boo Hoo - A Dot-Com Story From Concept to Catastrophe

Appears In Volumes