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Webvan.com (Dot Com Causality) Stock Certificate from 2001

Webvan.com (Dot Com Causality) Stock Certificate from 2001

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Are the certificates authentic?

Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.  

 

This is an issued stock certificate from Webvan.com, dated 2001. Offered as a collectable. 

Webvan.com was an online grocery delivery company founded in 1996 by Louis Borders, who also founded the Borders bookstore chain. The company aimed to revolutionize the grocery industry by offering personalized online shopping and delivering groceries directly to customers' doorsteps within a 30-minute window of their choosing.

The company had its initial public offering (IPO) in November 1999, raising $375 million.

On the first day of trading, Webvan's stock price doubled, valuing the company at approximately $8 billion. This astronomical valuation came despite Webvan having less than $5 million in revenue and more than $50 million in losses at the time. A true dot-com boom story. 

However, Webvan's success was short-lived. By July 2001, less than two years after its IPO, the company's stock had plummeted to just 6 cents per share, and Webvan announced it was shutting down operations. The company's rapid expansion and high operating costs led to its downfall, making it one of the most notable failures of the dot-com bubble

Materials and care

Here are some quick tips to preserve your certificate for decades to come. 

Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features. 

Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.

Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.

Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.

Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.

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