E-Dreams
Encyclopedia
e-Dreams is a 2001 American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 documentary film
Documentary film
Documentary films constitute a broad category of nonfictional motion pictures intended to document some aspect of reality, primarily for the purposes of instruction or maintaining a historical record...

 directed by Wonsuk Chin
Wonsuk Chin
Wonsuk Chin is a South Korean film-maker based in Seoul, Korea. He was involved in the plays "Cupids Arrow" and "Starry Night".- External links :...

 portraying the rise and fall of Kozmo.com
Kozmo.com
Kozmo.com was a venture-capital-driven online company that promised free one-hour delivery of "videos, games, dvds, music, mags, books, food, basics & more" and Starbucks coffee in several major cities in the United States. It was founded by young investment bankers Joseph Park, Yong Kang and...

, an online
ONLINE
ONLINE is a magazine for information systems first published in 1977. The publisher Online, Inc. was founded the year before. In May 2002, Information Today, Inc. acquired the assets of Online Inc....

 convenience store
Convenience store
A convenience store, corner store, corner shop, commonly called a bodega in Spanish-speaking areas of the United States, is a small store or shop in a built up area that stocks a range of everyday items such as groceries, toiletries, alcoholic and soft drinks, and may also offer money order and...

 that utilized bike messengers to deliver goods ordered online within an hour.

The movie follows Joseph Park
Joseph Park
Joseph Park is a Korean American investment banker that founded Kozmo.com in 1997. He was profiled in the documentary film e-Dreams. He is a co-founder of Askville, which is owned by Amazon.com...

 and Yong Kang, 20-something Korean American
Korean American
Korean Americans are Americans of Korean descent, mostly from South Korea, with a small minority from North Korea...

 investment bankers
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...

, whose company started in a warehouse with a small group of employees and grew to 3,000 employees and an 11-city network within a year. Kozmo.com raised $250 million in capital and attracted attention from Amazon.com
Amazon.com
Amazon.com, Inc. is a multinational electronic commerce company headquartered in Seattle, Washington, United States. It is the world's largest online retailer. Amazon has separate websites for the following countries: United States, Canada, United Kingdom, Germany, France, Italy, Spain, Japan, and...

 and Starbucks
Starbucks
Starbucks Corporation is an international coffee and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 17,009 stores in 55 countries, including over 11,000 in the United States, over 1,000 in Canada, over 700 in the United Kingdom, and...

. However, the lack of a sustainable business plan and the inability to raise additional capital due to the dot-com bust
Dot-com bubble
The dot-com bubble was a speculative bubble covering roughly 1995–2000 during which stock markets in industrialized nations saw their equity value rise rapidly from growth in the more...

 and stock market correction of the early 2000s forced the company out of business by 2001.

Similar films

The film is similar to Startup.com
Startup.com
Startup.com is a 2001 documentary film that chronicles the dot-com start-up phenomenon and its eventual end. The film follows e-commerce website govWorks and its founders Kaleil Isaza Tuzman and Tom Herman from 1999-2000 as the Internet bubble was bursting.-Production:The film was made by...

, which also chronicles the market crash's effect on the dot-com sector.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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