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Someone should start WebVanCoin.

It's funny you should mention Webvan. In 1999 grocery delivery was a hot market, then in 2002 it was completely and obviously stupid, now in 2017 it's hot again. Cryptocurrency is a bubble now, but will the world change such that it actually makes sense in 20 years?

Its still obviously stupid. The difference this time is there is a new niche that places like Whole Foods serve. They're not in the 'food' business so much as the 'whole food / wellness' business.

These people will pay a premium that warrants delivery.

I've been having groceries delivered from the internet pretty much continuously for the past 15 years or so across 3 countries and a half dozen services. What is stupid about grocery delivery?

> in 2002 it was completely and obviously stupid

It was never that. Yes Webvan failed, but Peapod didn't. Grocery chains also started their own delivery services which are still around today, and the industry slowly grew from there.

Judging an entire market by looking at the failure of one failed startup is not smart.

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