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Company · Shopping

Pets.com

An online pet supplies retailer Amazon invested in that shut down in 2000.

2 sources2 tips

What was said about Pets.com

Founder principles1

Jeff Bezos stayed focused on internal metrics when Amazon's shares fell more than 80%▶ 32:30Shares fell more than 80% in a year while he reported Amazon stronger than at any time in its past.Founders · Lessons from Jeff Bezos's Shareholder Letters

Founder lessons1

Avoid overfunding that pushes you into an unwinnable spending arms race▶ 16:21Pets.com went from nothing to public company to shut down in 19 months, returning remaining cash to investors.Lenny's Podcast · Billion dollar failures, and billion dollar success | Tom Conrad (Quibi, Pandora, Pets.com, Zero)

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