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Value America
Value America or VA was a dot-com company founded in Nevada in 1996〔Perine, Keith. ("An American Dream Gone Bad" ), ''The Industry Standard'', August 28, 2000. Retrieved September 10, 2007.〕 by Craig Winn and Rex Scatena, and relocated to Charlottesville, Virginia in February 1998.〔 Its business model involved connecting customers on the Web directly to manufacturers, with the intent of providing better pricing and faster shipping (a just-in-time model similar to those used by Wal-Mart and Dell). Customers could order a wide range of products from VA's website, then VA would transmit the orders directly to the manufacturers, and the manufacturers would then package the products and ship them directly to the customer. Winn referred to this concept as "convergence commerce".〔Bijlefeld, Marjolijn. ("Crazy Craig's C-Commerce" ), ''Virginia Business'', January 2000. Retrieved September 10, 2007.〕 Value America was backed by Microsoft co-founder Paul Allen's Vulcan Ventures and FedEx co-founder Frederick W. Smith.〔
== Initial Success ==
Value America's initial public offering in April 1999 was a success: on the first day the stock closed at $55 a share, valuing the three-year-old profitless company at $2.4 Billion.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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