Bangalore: If a startup or its entrepreneur looks at the growth of the company without inputting any hard effort, the result would definitely be negative. There have been many companies in the history which have miserably failed despite great money and fame; the reason would sometimes be the concentration of the company towards monetary maximization overlooking consumer satisfaction.  Every entrepreneur must have it in mind that increasing the graph pointer in wealth is not all, if an organization has to survive, it must first focus on customer satisfaction which would in turn increase wealth. Listed below are few companies which earned great money and investment but failed miserably in its development stages as answered in Quora.

Webvan

Founded: 1999

Industry: Online retailer

Defunct: 2001

Online retailing was very well functioned by Webvan in the late 1990’s. This company was an online “credit and delivery” grocery business which delivered booked goods to its customers within 30 minutes of their booking.