Its hard to believe what some folks with VC money will do. I worked for this start up Kozmo.com while in college and got paid to do my homework amongst other things. The concept was quite good but the execution was all wrong. One hour delivery of movies and food to your doorstep from the web. Pretty dope by today's standards but in 1998 - 2001 it was a little ahead of its time. Over estimated customer base led to 20 - 30 delivery people on hand at all times. The uiniforms alone were crazy expensive, plus full gortex rain gear, messenger bags of the highest quality, and isolated freezer bags were thrown around like penny candy.
Other peoples money is easily spent.
At least something worthwhile was developed out of the ruins of the dotcom bust.