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it officially ceased to exist as a company
announced its first acquisition
Before there was WebMd
which is updated throughout the day
including Yahoo
AuctionWeb Baby's Tee Webvan it officially ceased to existHistory: The AuctionWeb was founded in California on September 3, 1995, by French born Iranian American computer programmer Pierre Omidyar as part of a larger personal site. One of the first items sold on AuctionWeb was a broken laser pointer for $14. 83. Astonished, Omidyar contacted the winning bidder to ask if he understood that the laser pointer was broken. In his responding email, the buyer explained: "I'm a collector of broken laser pointers."