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Old 07-08-2005, 17:47   #4
Gareth
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Age: 51
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Re: Top 10 dot-com flops

Great article. Interestingly enough, Webvan holds the #1 spot. I'd heard of this site before it became famous for being a flop, as the CEO of Webvan, George Shaheen, used to be the CEO of Andersen Consulting. I never liked the guy when I was at Andersen, so I was pleased to see Webvan go Pete Tong spectacularly... although sadly Shaheen made a helluva lot of money out of it nonetheless (anyone else fancy being forgiven from paying back a $6.7 million loan? ).

After Shaheen drove Webvan into the ground, he's now at Siebel... who are struggling big-time since Thomas Siebel stepped-down, so I'd expect to see them feature in this list in a few years' time, once Shaheen has worked his 'magic' there too.
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