Louis Borders
About Louis Borders
Louis Borders, founder of Borders Books & Music and Webvan, significantly impacted the retail book industry and online home delivery services.
Founder & CEO Louis Borders
Louis Borders is a prominent entrepreneur known for founding Borders Books & Music, Synergy Software, and Webvan. His innovative approach to the retail book industry and online home delivery services has made a considerable impact in their respective sectors.
Education of Louis Borders
Louis Borders holds a B.A. in Mathematics from the University of Michigan. He furthered his education with graduate coursework in mathematics at the Massachusetts Institute of Technology (MIT), grounding his business ventures in strong analytical and quantitative skills.
Background in Retail Industry
Louis Borders revolutionized the retail book industry with the founding of Borders Books & Music, the first book and music superstore chain. The company, known for its wide selection and customer-friendly layout, reached annual revenues of $3.5 billion at its peak before Borders sold his interest in 1993.
Achievements at Webvan
Louis Borders also founded Webvan, an online home delivery retailer. He served as its CEO through its successful IPO, with the company achieving a peak market value of $7 billion. Webvan was an early pioneer in the e-commerce sector, focusing on grocery delivery.