Day of reckoning for Vinfolio

Vinfolio looked so promising when it was founded in 2003, a glamorous one-stop provider of an increasing array or goods and services: fine wine, wine storage, online cellar management and wine information.

It was based in San Francisco but was one of the first American operations to announce it was branching out to the world's new fine-wine hub Hong Kong. A more recent and daring development was Marketplace (see image), whereby a link was forged with the popular cellar-management site CellarTracker to provide an online sales platform between private collectors for the tens of thousands of wines logged on...