It was based in California and had 10 offices worldwide. The business did well and it also procured $340 million as investment, the investors included former National Football League players Drew Bledsoe and Rick Mirer. Sources also say that the founder had a suspicious past. The company with no notification to its customers or public stopped functioning on March 19, 2008.

Kozmo.com

Founded: 1998

Industry: Retail

Defunct: 2001

Kozmo.co was a venture capital driven online organization which promised free one hour delivery of games, DVD’s, books, music, food and other basic amenities by bicycle, car, truck, or public transportation. It was headquartered in New York City and made great revenues; it also had an approximate of 1,100 employees who were later laid off after the company stopped functioning in April 2001. It is often referred to as a best example of the dot com revolution.

Pets.com

Founded: August 1998

Industry: Pet seller

Defunct: November 2000

This online portal which sold pet supplies and other pet accessories to retail customers gained wide recognition for its style and for being one of its kind until then. The company had great revenues but self-liquidated in November 2000. US$300 million of investment capital vanished with the company's failure and closure.

Boo.com

Founded: 1998

Industry: Retail

Defunct: 2000

This company again evolved during the dot com bubble. It focused on the sale of branded fashion apparel over the World Wide Web.  It is reported that the company spent $135 million of venture capital in just 18 months and was liquidated in 2000. It had its headquarters in London and was known to have many problems with user experience. This company faced huge loss and boo.com’s investor Omnia faced huge loss. Today this portal redirects to another website hostelworld.com.