Quick delivery e-commerce
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In the San Francisco Bay area and Atlanta, two e-commerce companies are betting on the appeal of almost-instant delivery. Back in the '90s, Kozmo offered speedy delivery of anything an urban dweller might want or need fast, without leaving their home or office. Pack of diapers or a bag of Cheetos - everything was delivered under an hour. No delivery fee, and no minimum order amount. Although they turned a profit in New York, Kozmo expanded to other cities too quickly, infamously burned through USD 280 million in venture capital, and went bust in 2001. Kozmo's former CTO went on…
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