Maybe people don't want to buy furniture online after all...

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From: Lorin Rivers (
Date: Wed Aug 16 2000 - 11:21:38 PDT

Austin American-Statesman
<> Inc., one of the richest and most promising startups to
emerge from Austin's high-tech community in the past few years,
closed its doors and filed for bankruptcy Tuesday, the first major
failure among the scores of fast-growing Internet companies hatched

In just two years in business, had raised $68 million in
venture capital, launched a national ad campaign, attracted millions
of visitors to its online furniture store and allied itself with
e-commerce leader But it was not enough to gird the
company against increasingly wary investors and a growing concern
that consumers are not embracing online shopping in all of its forms.


Lorin Rivers 512.263.1233 x712 v Product Manager 512.263.1441 f REAL Software, Inc. PMB 220 3300 Bee Caves Road, Suite 650 Austin, Texas 78746 REALbasic: the visual, object-oriented BASIC development environment for the Macintosh

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