Arzoo.com
Was: E-tailer turned software project exchange
Born: Sept. 7, 2000
Died: June 21, 2001
Burn rate: At least $12 million
"This has been necessitated by a severe downturn in the U.S. Economy, which has resulted in a slowdown in corporate spending especially for any new products and services" -- founder Sabeer Bhatia, on company's defunct website
Bazillion.com
Was: DSL provider
Born: 1999
Died: Jan. 15, 2001
Burn rate: Unknown
"As you may know there have been significant problems in the DSL and ISP marketplaces which have been well publicized. Additionally, the financial markets' support of new, competing telecommunications companies has become much tighter over the past 6 months." -- excerpt from letter sent by Bazillion management to its DSL customers
BuildNet *new*
Was: North Carolina-based b-to-b software maker for the construction industry
Born: 1996
Died: Aug. 20, 2001
Burn rate: About $105 million
"BuildNet has been severely impacted by a difficult capital market, and by debt incurred through BuildNet's roll-up of its constituent companies" -- message on company's defunct website
Carclub.com
Was: Car-buying referral service; gasoline discounter
Born: Unknown
Died: May 1, 2001
Burn rate: At least $45 million
"It is with deep regret that carclub.com has closed its doors and joins those companies that have fallen casualty to the diminished availability of investment capital in this constrained economy" -- from the company's defunct website
Collabria
Was: Application service provider for printing industry
Born: 1997
Died: June 22, 2001
Burn rate: About $46 million
"I am looking forward to Collabria leading the industry toward the next-generation advancements in Internet-based services and solutions, to create a true supply chain workflow for graphic communications. Print is not dead. The industry needs to embrace and extend, and better educate the public, about the possibilities of print" -- Robert Hu, vice president of strategic marketing, in August 2000
Cybergold *new*
Was: Loyalty marketing program
Born: October 1994
Died: Aug. 31, 2001
Burn rate: Unknown
"Armed with the power of the mouse, consumers can now avoid advertising like never before. As more companies move onto the Web and realize the potential power of Internet marketing, CyberGold solves the problem of how to capture consumer attention and create loyalty in cyberspace" -- founder Nat Goldhaber, on Aug. 24, 1998
CyberRebate.com
Was: E-tailer
Born: May 1998
Died: May 16, 2001
Burn rate: Unknown
"CyberRebate.com, Inc., an on-line retailer headquartered in Long Island, NY, filed for bankruptcy protection under Chapter 11 in the Eastern District of New York at 10 a.m. today. As of the filing time, CyberRebate.com suspended operations on its Web site." -- from the company's defunct website
Dantis
Was: Web hosting company
Born: January 2000
Died: June 2001
Burn rate: At least $100 million
"We want to be around for a long time, and we want everything we do to reflect that ... This time, we're not just trying to make money; we're here to build a company and be around for the long haul" -- CEO Tim Devine in August 2000
eToys.com
Was: Toy e-tailer
Born: Oct. 1, 1997
Died: March 8, 2001
Burn rate: About $220 million
"We honestly think we're going to change the way people buy toys" -- Phil Polishook, vice president of marketing, in October 1997
eVoice *new*
Was: Voicemail service accessible by email
Born: 1998
Died: Aug. 10, 2001
Burn rate: Unknown
"Our service is well tested and highly reliable, and we offer more features and functionality than the phone company" -- COO Bruce Crair, in November 1999
eYada.com
Was: Internet sports and entertainment radio station
Born: August 1999
Died: July 9, 2001
Burn rate: About $25 million
"eYada.com the world's leading Internet talk network has closed its doors, we had a great run and a lot of fun, but the time just was not ripe" -- from the company's defunct website
FoodUSA.com
Was: Meat and poultry b-to-b exchange
Born: April 2000
Died: Jan. 3, 2001
Burn rate: Unknown
"We'll use what we learned in our next ventures" -- FoodUSA.com founder and CEO Rod Heller
Handtech
Was: Online computer reseller
Born: 1996
Died: July 3, 2001
Burn rate: Unknown
"For the first time, solution providers have a partner that helps them maximize the profit from their customer relationships" -- CEO Andrew Harris in October 2000
Headlight
Was: Online education and training site
Born: June 1998
Died: March 14, 2001
Burn rate: About $10 million
"Headlight.com has one of the most exciting business propositions I have seen in the Internet industry" -- CEO Michael Caglarcan, in August 2000
Homebytes.com
Was: Internet-based real estate company
Born: 1998
Died: May 1, 2001
Burn rate: At least $12 million
"When I became involved, I thought real estate on the Internet is huge and no one is focused on the seller, everyone is focused on the buyer" -- CEO David Clark in April 2000
iDerive.com
Was: B-to-c discount site
Born: October 1999
Died: March 2001
Burn rate: Unknown
"To be successful on the Net now, you have to bring something new to the party" -- iDerive CEO Mark Nordlicht in October 2000
iMotors
Was: Online used car dealer
Born: September 1999
Died: April 25, 2001
Burn rate: About $39 million
"We offer our gratitude to our customers for the opportunity to serve them, to our employees and their families for their passion, hard work, and tremendous support, and to our partners for their faith in our innovative model" -- from the company's defunct website
Kozmo.com
Was: Online delivery service
Born: 1997
Died: April 12, 2001
Burn rate: About $80 million
"Some decisions made early in the company's development, combined with current market conditions, prevented Kozmo from overcoming the challenges associated with conquering the last mile." -- Gerry Burdo, Kozmo.com president and chief executive, said in a statement.
marchFirst
Was: Internet consultant
Born: 1999
Died: May 2001
Burn rate: About $20 million
"We're certainly empathetic to all marchFirst has gone though the last couple of months or maybe even a year. We understand the toll that's taken on the talented people there" -- CEO of divine, the company that bought some of the assets of marchFirst, on March 30, 2001
Mercata
Was: Group purchasing website
Born: 1998
Died: Jan. 4, 2001
Burn rate: Unknown
"There was nothing wrong with Mercata's business model or its execution ... But the market has become so depressed, no one is interested in investing in e-commerce companies right now" -- Mercata CEO Tom Van Horn
Musicmaker.com
Was: Custom music e-tailer
Born: 1997
Died: Jan. 4, 2001
Burn rate: Unknown
"I used to say you'll either end up being the next CD or the next eight-track. It looks like [we'll] be the next eight-track" -- Musicmaker.com CFO Mark Fowler
MyBiz.com
Was: Customer relationship management provider
Born: September 2000
Died: May 18, 2001
Burn rate: Unknown
"this was mybiz. we had fun. mybiz was a tale of terroar. thanks!" -- from the company's defunct website
NorthPoint Communications
Was: DSL provider
Born: 1997
Died: Jan. 16, 2001
Burn rate: Unknown
"Companies will be bidding on all of our assets and we will find out very quickly who is interested." -- NorthPoint spokesman Marvin Wamble
OnlineChoice
Was: Group buying site for gas and electricity
Born: 1999
Died: April 30, 2001
Burn rate: Unknown
"Our base of customers continues to expand. The power of these customers gives us the ability to provide lower rates and great deals on electricity, long distance and local telephone service, gasoline, natural gas and more" -- OnlineChoice President and CEO Sanjay Chopra in December 2000 (Chopra was ousted from the company in February 2001)
PlanetRx.com
Was: Online drug store, prescription refill service
Born: Early 1999
Died: March 2001
Burn rate: About $50 million
"We have told analysts that we expected 10 to 25 percent quarter-to-quarter growth, and we believe we can continue to show healthy growth" -- CEO Michael Beindorff, in August 2000
Radnet.com
Was: Groupware software company
Born: 1993
Died: Jan. 16, 2001
Burn rate: Unknown
"As with many other technology and Internet businesses in the current market environment, we have been unable to secure the funding needed to execute our business plan or to find an acquirer." -- message posted on defunct company's website by CEO David Scult
Rival Networks
Was: Online sports network
Born: August 1999
Died: April 11, 2001, but independent publishers will be able to hold onto their urls
Burn rate: Unknown
"We are confident that our exceptional publishers will continue to serve their visitors with the same in-depth information and content and will be successful in maintaining the fan communities they have built" -- Rival Networks CEO Saul Gamoran said in a statement
Rx.com
Was: Online prescription refill service
Born: June 1999
Died: May 10, 2001
Burn rate: At least $350 million
"It's not cost-effective to go after the consumer ... We're building the company on the back of the big institutional buyer. We want thousands and tens of thousands of customers" -- founder Roger Phillips in December 2000
Savvio.com
Was: Online travel services
Born: September 2000
Died: Jan. 4, 2001
Burn rate: Unknown
"We would like to thank our customers and members for your support and interest over the past months" -- Message posted on defunct company's website
Spaceworks
Was: E-commerce software maker
Born: 1993
Died: May 1, 2001
Burn rate: About $6 million
"We simply ran out of cash and couldn't make the next round of funding. This is a tough place to be in right now" -- Spaceworks CEO David MacSwain, announcing the company would shut down
Struxicon
Was: Web-based project management company
Born: May 1999
Died: May 2001
Burn rate: Unknown
"Our primary objective is to synchronize the project outsourcing and management process, creating unparalleled efficiencies and expanding new business opportunities" -- CEO George Minardos in April 2000
Suck.com
Was: Internet's first and longest-running publication
Born: Aug. 28, 1995
Died: June 9, 2001
Burn rate: Unknown
"Every day for six years we've been shucking and jiving for the amusement of a bunch of retards and you say we're not suffering enough?" -- from the company's defunct website
theglobe.com *new*
Was: New York-based online chat and gaming site
Born: 1995
Died: Aug. 15, 2001
Burn rate: About $75 million
"In 1995, theglobe.com confirmed the Internet's power to connect people worlds apart. Unfortunately, after six amazing years, theglobe.com closed its doors on August 15, 2001" -- message posted on the company's defunct website
Themestream
Was: Community publishing site
Born: August 1999
Died: April 13, 2001
Burn rate: Unknown
"It hurts us to tell you that we are ceasing all business operations. Themestream is in the process of trying to sell some or all of its assets and negotiating with it's [sic] secured creditors" -- email to contributors of the site, sent on April 11, 2001
Total E.com
Was: Online music and movie retailer
Born: January 1998
Died: June 30, 2001
Burn rate: Unknown
"We thank you so very much for your business during the past three years and hope you are enjoying the entertainment products you have purchased from us" -- from company's defunct website
Voter.com
Was: Voting information website
Born: March 1999
Died: Feb. 6, 2001
Burn rate: About $2 million
"We were not able to secure sufficient funding to maintain the quality site that you have come to expect and that earned us our reputation as the top political site online." -- Message posted on defunct company website
Webvan
Was: Online grocer
Born: June 2, 1999
Died: July 9, 2001
Burn rate: About $1.2 billion
"Over the next 24 months, Webvan will implement its 'last mile strategy' by expanding rapidly into new geographic markets and broadening non-grocery merchandise offerings. We will take steps to aggressively build a brand name on a national scale, acquire customers, and fulfill on the last mile of e-commerce" -- then CEO George Shaheen, January 2000
Wwwrrr
Was: Online education company
Born: March 1999
Died: Jan. 10, 2001
Burn rate: Unknown
"Right now, there is no money to pay [employees and creditors]" -- Wwwrrr spokeswoman Jean Golden
Zing.com
Was: Online photo organizer/developer
Born: August 1999
Died: June 30, 2001
Burn rate: Unknown
"We have watched the company grow from an idea to a valuable service. Unfortunately we could not keep it going under the current circumstances. We are saddened by this and will miss the wonderful interaction with you, our members" -- CEO David Ezequelle, on company's defunct website
