From: Lorin Rivers (lrivers@realsoftware.com)
Date: Wed Aug 16 2000 - 11:21:38 PDT
Austin American-Statesman
<http://austin360.com/technology/features/living.html>
Living.com 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
here.
In just two years in business, living.com 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 Amazon.com. 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. mailto:lrivers@realsoftware.com PMB 220 http://www.realsoftware.com 3300 Bee Caves Road, Suite 650 Austin, Texas 78746 REALbasic: the visual, object-oriented BASIC development environment for the Macintosh
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