| Topic Name: |
dot-com in the dust |
| Message Name: |
Too big too fast |
| Date Posted: |
10/05/2000 |
| In Reply To: |
Priceline.com's Webhouse Club is shutting down. I guess Webhouse was the gas and groceries licensee area on the site. Apparently Priceline didn't have enough money to keep it going, plus the company's revenues will fall short of third quarter estimates.
Can Priceline stay afloat? It seems the company gets a lot of traffic. Why is this happening? |
| Message: |
I think that pricleline, a great idea, is just another case of a company branching out too fast for its own good. airline tickets? great idea. hotel rooms? brilliant. groceries and gas? get real. who's going to buy that on the internet? especially with webvan and kozmo (here in nyc).
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