There is this continuing belief that if you create a web
site to peddle something people will flock to it and it will make
money.
There are great examples of this folly including web van.
Another one has just bitten the dust. Will this accelerate the
demise of web 2.0 and send the Bros back home to the Midwest
Burbs leaving San Francisco to the freaks and weidos that helped
make Frisco worth living in and visiting? We can only hope.
Here is a recent casualty:
http://arstechnica.com/business/2016/03/food-delivery-startup-spoonrocket-which-raised-13-5m-shuts-down/
+ On Tuesday, San Francisco-based on-demand food delivery
+ SpoonRocket told customers that it had closed its doors over the
+ weekend. The company’s closure is one of the latest signs that
+ there’s been a financial slowdown in Silicon Valley. The startup
+ offered a short list of relatively inexpensive food options
+ (under $10) and could deliver them in under 10 minutes in many
+ parts of the Bay Area.
+
+ "Despite our efforts, unfortunately, the downturn of market and
+ lack of interest in on-demand companies like SpoonRocket from the
+ venture community has forced us to shut down prematurely before
+ we are able to grow into a viable business," SpoonRocket wrote.
+
+ TechCrunch reported that the company had raised $13.5 million in
+ venture capital through Y Combinator and other angel funds, as
+ well as some Series A funding.
+
+ SpoonRocket recommended that customers switch to its more
+ expensive competitor, Sprig.
Like much of the excitement of the Tech Wealth
Dsitriution game, you wonder if anyone ever pulled out a napkin
and did a quick calculation on whether the business could ever
make a profit. It seems in the scam that is venture capital, is
not concerned with making a real old school profit. It seems the
"new economy" is still with us.
I understand food delivery for shut-ins, but these
services seem to be more for the lazy and entitled rather than
the handicapped.
It's bad enough that people are too lazy or inept to
cook, but when they are then too lazy to go out and buy ready
made food either to take home or eat on the premeises.
--
"He that wishes to see his country robbed of its rights cannot be a
patriot. - Samuel Johnson: The Patriot