Dot Com Boom: Internet Startups That Miserably Failed


It had its operations in San Francisco Bay Area, Dallas, San Diego, Los Angeles, Chicago, Seattle, Portland, Atlanta, Sacramento, and Orange County. The company later went bankrupt in 2001 and is now operated by Amazon.com CNET titled Webvan as the largest dot com flops in history. .

eToys.com

Founded: 1997

Industry: Toys

Parent: Toys R Us

This company again spun out of the dot com boom. It operated by selling toys online and gained much popularity then. In 1999 it went IPO and the shares were issues at a nominal price of $20, at the end of the first day of its trading the company closed the value of its shares at $76 a share. The company saw its end during soon during the same internet revolution but soon filed a bankruptcy petition.

PayByTouch

Founder: John P Rogers

Industry: Biometric payment

Defunct: March 19, 2008

PayByTouch enabled customers to pay for the purchase of their goods and service with just a swipe of their finger on a biometric sensor.