Comments on: Deadpool: Red Envelope Files For Bankruptcy http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/ Startup and Technology News Sun, 06 Jul 2008 10:40:49 +0000 http://wordpress.org/?v=2.5.1 By: Jerry http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2270625 Jerry Mon, 05 May 2008 21:04:21 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2270625 I saw the website on Personal Creations and thought that they had much more variety of personalized products then Personalization Mall or Red Envelope. Check it out and see what I mean. www.personalcreations.com I saw the website on Personal Creations and thought that they had much more variety of personalized products then Personalization Mall or Red Envelope. Check it out and see what I mean. http://www.personalcreations.com

]]> By: Kevin http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2270604 Kevin Mon, 05 May 2008 21:00:51 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2270604 I like the comment by Eileen #18. The only thing she didn't know is that the Personal Creations executives know both high end and low end. They ran Hammacher Schlemmer back in the 1990's and I would say that Hammacher was high end Marketing. An article said that they had an astute group of managers. I like the comment by Eileen #18. The only thing she didn’t know is that the Personal Creations executives know both high end and low end. They ran Hammacher Schlemmer back in the 1990’s and I would say that Hammacher was high end Marketing. An article said that they had an astute group of managers.

]]> By: Keith http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2224519 Keith Fri, 25 Apr 2008 21:35:36 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2224519 I think this is a company that has completely fallen victim to poor leadership. 3 years ago they had items that were mid-range priced and incredibly unique. I read an article a year or two ago that they had started to lose money and they thought the fix would be to carry more expensive items. That would be fine if the items would have been of more value however, they took the same quality of items and jacked up the price which was completely ridiculous. I suppose they thought customer's wouldn't notice?! That coupled with their extremely poor selection of fall and Christmas items last year did them in. Too bad it WAS a great company and a fun idea while it lasted... I think this is a company that has completely fallen victim to poor leadership. 3 years ago they had items that were mid-range priced and incredibly unique. I read an article a year or two ago that they had started to lose money and they thought the fix would be to carry more expensive items. That would be fine if the items would have been of more value however, they took the same quality of items and jacked up the price which was completely ridiculous. I suppose they thought customer’s wouldn’t notice?! That coupled with their extremely poor selection of fall and Christmas items last year did them in. Too bad it WAS a great company and a fun idea while it lasted…

]]> By: John http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2223721 John Fri, 25 Apr 2008 16:07:36 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2223721 My take is that Red Envelope was too big, and less responsive to fast market and economic changes. Yet you guys are right, people still need to buy gifts. For gourmet foods, chocolates, etc... I turned to http://www. Savorique.com. What do people do for other categories? My take is that Red Envelope was too big, and less responsive to fast market and economic changes. Yet you guys are right, people still need to buy gifts. For gourmet foods, chocolates, etc… I turned to http://www. Savorique.com. What do people do for other categories?

]]> By: Jeff http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2212079 Jeff Tue, 22 Apr 2008 13:56:49 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2212079 They definately had some neat gifts but everything seemed way overpriced. I've started ordering some really unique personalized gifts from http://www.PersonalizationMall.com because their prices are much more reasonable. They definately had some neat gifts but everything seemed way overpriced. I’ve started ordering some really unique personalized gifts from http://www.PersonalizationMall.com because their prices are much more reasonable.

]]> By: anon http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2207998 anon Mon, 21 Apr 2008 17:44:36 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2207998 Don't you have to be dead to go into deadpool? Don’t you have to be dead to go into deadpool?

]]> By: Money Clerks » Cash-rich companies, 2008 Fortune 500 & trillion dollar mortgage bomb - Today in Money - 4/21 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2207518 Money Clerks » Cash-rich companies, 2008 Fortune 500 & trillion dollar mortgage bomb - Today in Money - 4/21 Mon, 21 Apr 2008 14:36:55 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2207518 [...] Second Year Over GE · Skype to Sell Unlimited International Calls for $9.95/Month · Red Envelope Files for Bankruptcy · Yahoo’s Last Stand: Tomorrow’s Earnings Report Could Sway Microsoft [...] [...] Second Year Over GE · Skype to Sell Unlimited International Calls for $9.95/Month · Red Envelope Files for Bankruptcy · Yahoo’s Last Stand: Tomorrow’s Earnings Report Could Sway Microsoft [...]

]]> By: TechCrunch Japanese アーカイブ » Red Envelope、ついに破産手続きに入る http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2205560 TechCrunch Japanese アーカイブ » Red Envelope、ついに破産手続きに入る Sun, 20 Apr 2008 23:11:08 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2205560 [...] [原文へ] [...] [...] [原文へ] [...]

]]> By: Vero Pepperrell http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204865 Vero Pepperrell Sun, 20 Apr 2008 18:28:48 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204865 Ironic... They don't seem to have any relation with Red Letter Days in the UK, but that was a company that <a href="http://www.thatcanadiangirl.co.uk/blog/2005/08/02/a-dragon-in-trouble-red-letter-days/" rel="nofollow">truly screwed its customers over</a>, originally owned by a Dragon's Den investor, Rachel Elnaugh, and was then bought out by two fellow Dragons. Total load of bollocks, they left customers and suppliers completely out of pocket - hopefully Red Envelope will have an inkling more respect for their users. Ironic… They don’t seem to have any relation with Red Letter Days in the UK, but that was a company that truly screwed its customers over, originally owned by a Dragon’s Den investor, Rachel Elnaugh, and was then bought out by two fellow Dragons.

Total load of bollocks, they left customers and suppliers completely out of pocket - hopefully Red Envelope will have an inkling more respect for their users.

]]> By: Boomzilla http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204849 Boomzilla Sun, 20 Apr 2008 18:24:51 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204849 Asad: Re: "and currently there is no taxes" - actually a customer of an e-talier will not pay sales taxes only if the vendor does not have a tax nexus in that state. For example, Amazon customers in California don't pay sales tax on Amazon goods as Amazon does not have offices in California. Amazon customers do pay sales tax in Washington state as Amazon's HQ is in Seattle. Asad: Re: “and currently there is no taxes” - actually a customer of an e-talier will not pay sales taxes only if the vendor does not have a tax nexus in that state. For example, Amazon customers in California don’t pay sales tax on Amazon goods as Amazon does not have offices in California. Amazon customers do pay sales tax in Washington state as Amazon’s HQ is in Seattle.

]]> By: Eileen http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204514 Eileen Sun, 20 Apr 2008 16:48:44 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204514 they may continue but they will lose the trust of many of their current customers due to the bankruptcy filing. Also, if you look at the company who is attempting to buy them, Personal Creations, it's clear that they are a rather lower end gift company and may not want/be able to keep the Red Envelope focus on higher priced and more unique items. But I agree that the business is still strong (with some challenges to margins due to economic issues) so it could be that their management was what caused them to crater. http://www.personalcreations.com/home.asp they may continue but they will lose the trust of many of their current customers due to the bankruptcy filing. Also, if you look at the company who is attempting to buy them, Personal Creations, it’s clear that they are a rather lower end gift company and may not want/be able to keep the Red Envelope focus on higher priced and more unique items.

But I agree that the business is still strong (with some challenges to margins due to economic issues) so it could be that their management was what caused them to crater.

http://www.personalcreations.com/home.asp

]]> By: Kevin Horne http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204482 Kevin Horne Sun, 20 Apr 2008 16:36:28 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204482 oops here is the link for RE's press release http://www.shareholder.com/redenvelope/ReleaseDetail.cfm?ReleaseID=305473 oops here is the link for RE’s press release

http://www.shareholder.com/red.....eID=305473

]]> By: Kevin Horne http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204477 Kevin Horne Sun, 20 Apr 2008 16:35:35 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204477 Read the press release carefully. As the guys from Monty Python would say, "Not quite dead yet." <i>"We believe the sale will strengthen the Company and foster a sustained turnaround for RedEnvelope. We expect to proceed quickly with the sale and the related bidding process and that the business will have a significantly improved balance sheet, greater operating flexibility and a path to profitability."</i> Read the press release carefully. As the guys from Monty Python would say, “Not quite dead yet.”

“We believe the sale will strengthen the Company and foster a sustained turnaround for RedEnvelope. We expect to proceed quickly with the sale and the related bidding process and that the business will have a significantly improved balance sheet, greater operating flexibility and a path to profitability.”

]]> By: kevin2640 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204118 kevin2640 Sun, 20 Apr 2008 14:49:43 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2204118 I have shopped there several times, and while it is a good upscale gift site, I think their custbase may not be a good one for the product. With quality products that can be facsimilied easily and sold tons cheaper on other sites, or in smaller storefronts, they might have done better to expand their inventory to include either some cheaper semi-erotic, and maybe even pure novelty products, it might have helped. I have shopped there several times, and while it is a good upscale gift site, I think their custbase may not be a good one for the product.
With quality products that can be facsimilied easily and sold tons cheaper on other sites, or in smaller storefronts, they might have done better to expand their inventory to include either some cheaper semi-erotic, and maybe even pure novelty products, it might have helped.

]]> By: Payment Fraud http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2202178 Payment Fraud Sun, 20 Apr 2008 04:41:15 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2202178 <strong>A Quick Detour to Say Farewell...</strong> Look like RedEnvelope finally went out of business. I bought a couple things from them over the years but being more of a focused consumer, never really understood the RE and its brethren (Brookstone...... A Quick Detour to Say Farewell…

Look like RedEnvelope finally went out of business. I bought a couple things from them over the years but being more of a focused consumer, never really understood the RE and its brethren (Brookstone……

]]> By: Son Nguyen http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2202119 Son Nguyen Sun, 20 Apr 2008 04:21:28 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2202119 I can see it coming as well. I bought an item from them awhile ago as a gift and it was nothing special, either in term of service, quality or pricing. They fit into a very small niche with a limited growth. They do have a decent brand equity though. I can see it coming as well. I bought an item from them awhile ago as a gift and it was nothing special, either in term of service, quality or pricing. They fit into a very small niche with a limited growth. They do have a decent brand equity though.

]]> By: jose http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2201499 jose Sun, 20 Apr 2008 01:32:28 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2201499 Don't think you can say that it's is in the deadpool. Seem's like they try to keep it going. Don’t think you can say that it’s is in the deadpool. Seem’s like they try to keep it going.

]]> By: Peter Harrington http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2201390 Peter Harrington Sun, 20 Apr 2008 01:08:25 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2201390 How come Red Envelope isn't in crunchbase? How come Red Envelope isn’t in crunchbase?

]]> By: Sami Bay http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2201085 Sami Bay Sat, 19 Apr 2008 23:58:45 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2201085 RedEnvelope's failure is an individual case caused by management incompetency, I believe, not reflective of Internet retailing in general which is thriving by most metrics. RE has a great brand recognition and is one of the leaders in upscale gift space so, new owners made a good decision to acquire its assets. RedEnvelope’s failure is an individual case caused by management incompetency, I believe, not reflective of Internet retailing in general which is thriving by most metrics.

RE has a great brand recognition and is one of the leaders in upscale gift space so, new owners made a good decision to acquire its assets.

]]> By: Sean http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200900 Sean Sat, 19 Apr 2008 23:16:53 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200900 If a tree falls in the woods, and no one in the entire world gives a hoot about said tree... does it matter? If a tree falls in the woods, and no one in the entire world gives a hoot about said tree… does it matter?

]]> By: Ryan Waggoner http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200693 Ryan Waggoner Sat, 19 Apr 2008 22:38:44 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200693 @HA Let me guess, you work for a big record label... @HA

Let me guess, you work for a big record label…

]]> By: Peter http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200567 Peter Sat, 19 Apr 2008 22:13:53 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200567 It'd be cool if we have a quick, structured way to check which commenters were right/wrong about the fate of a particular company. of course, that would require that TC covered them in the first place. same idea as holding stock analysts accountable. It’d be cool if we have a quick, structured way to check which commenters were right/wrong about the fate of a particular company. of course, that would require that TC covered them in the first place. same idea as holding stock analysts accountable.

]]> By: HA http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200503 HA Sat, 19 Apr 2008 22:01:58 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200503 Another one bites the dust in 'Silly Con Valley"! Another one bites the dust in ‘Silly Con Valley”!

]]> By: Dave http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200390 Dave Sat, 19 Apr 2008 21:42:41 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200390 Too bad--I'd occasionally buy gifts there. Too bad–I’d occasionally buy gifts there.

]]> By: Dave Litsky http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200312 Dave Litsky Sat, 19 Apr 2008 21:26:35 +0000 http://www.techcrunch.com/2008/04/19/deadpool-red-envelope-files-for-bankruptcy/#comment-2200312 Money Talks, BS Walks. /story Money Talks, BS Walks.

/story

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