The Brand Imperative That Can Determine Success or Failure
Ever heard of the brand, Wesabe? How about Webvan? No? You’ve likely never heard of them because they were promising businesses that died in their infancy. You have heard of Mint.com and Amazon Prime Now. These massive operations are what could have been for Wesabe and Webvan, respectively. Wesabe was a personal finance website that opened in 2006 and closed a short time later in 2010. It was meant to be a site that would help consumers budget their money and make better spending decisions. At the height of its success, the company received ample venture capital financing and signed up 150,000 members. But a...