Pets.com

Pets.com is a former dot-com enterprise that went bankrupt in 2000. Its former Nasdaq stock symbol was IPET. Today it is considered a leading icon of the dot com bust of the early 2000s.

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The business aimed to sell pet accessories and supplies over the World Wide Web, analogous to Webvan's attempt to sell groceries, and garden.com's try at selling garden supplies online. The company subscribed to the dot-com philosophy that making a brand name known was as or more important than profitability. Pets.com actually succeeded wildly in making its brand name known.

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However, because Pets.com was never anywhere close to profitable, it was still forced to close its doors. That announcement was made on the afternoon of November 6, 2000. Pets.com stock had fallen from over $11 per share in Februrary 2000 to $0.19 the day of its bankruptcy announcement. At its peak, the company had 320 employees. Pets.com was 30% backed by successful dot-com company Amazon.com. Nowadays, the domain name pets.com redirects to PETsMART's website.

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Dot-com: Dot-com (also dotcom or redundantly dot.com) companies were the collection of start-up companies selling products or services using or somehow related to the Internet. They proliferated in the late 1990s dot-com boom, a speculative frenzy of investment in Internet and Internet-related technical sto...

2000: This article is about the year 2000. For other uses of 2000, see 2000 (number)....

Nasdaq: NASDAQ (originally an acronym for National Association of Securities Dealers Automated Quotations) is a U.S. electronic stock exchange. It was founded by the National Association of Securities Dealers (NASD) who divested it in a series of sales in 2000 and 2001. It is owned and operated by The Nasda...

Pets.com related Images and Photos (experimental)

Pets	Pet's Eye View Digital Camera	Pets Diary	Pets Peg Puzzle
Pets Sound Puzzle	ZhuZhu Pets	MSNBC.com Mug	MSNBC.com Mousepad
Pets Floor 24-Piece Puzzle	House Pets Jumbo Knob Puzzle	ZhuZhu Pets: Quest for Zhu	ZhuZhu Pets: Quest for Zhu