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December 12, 2013 12:52 am GMT
If, like me, you're old enough to remember the original Pets.com, then this funding story will make you smile. Folklore has it that the online retailer, which went from IPO to liquidation in 268 days, was selling its wares for one-third the price it paid for them, and that's before taking into account the huge advertising spend. Oh, how things have changed...
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/S4ZWE8qOhvo/
Petsy.mx Raises $1M To Bring U.S.-Style E-Commerce To Mexicos Pet Lovers
If, like me, you're old enough to remember the original Pets.com, then this funding story will make you smile. Folklore has it that the online retailer, which went from IPO to liquidation in 268 days, was selling its wares for one-third the price it paid for them, and that's before taking into account the huge advertising spend. Oh, how things have changed...Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/S4ZWE8qOhvo/
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