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Having founding the Borders bookshop chain in the 1970s, Louis Borders was behind the destructive dotcom hypernova WebVan. Is he still blowing billions on crazy ideas?
George Shaheen's track record at Andersen Consulting and Webvan means the new CEO faces fresh challenges at the battered software maker.
Company chooses a former Webvan chief to replace Michael Lawrie, who had been CEO for less than a year.
Magazines are leaving money on the table through unsold archives, and Louis Borders, the man behind bookseller Borders and dot-com flameout Webvan, says he aims to fix that.
The defunct online grocer was always an oversized dot-com, so it figures that a bankruptcy auction of its assets would be oversized as well.
The defunct online grocer has $25 million to spread among creditors. But that's only a fraction of the $1.2 billion that investors sank into the company.
With a new online grocery service set for the Pacific Northwest, Britain's Tesco chain tests a U.S. market where a bushel of dot-com dreamers failed to deliver.
The bankrupt Net grocer is to auction items from its headquarters later this month, including "elegant" office furniture and an exercise machine.