As the expansion continues I often have friends and family who are hesitant to put new money to work. Even today, as we hit new all time highs, most of them sitting on cash are waiting for a 10-20% drop to “get in”. When I ask why, many of them say ‘because it has to’…
Month: November 2019
Uber, Stop the Madness!
Uber, there are problems with the Meal Delivery business: You are 3rd in market share with 20%. In Q3 2019 your losses grew 67% year over year to $316 million. Loyalty is dead. Don’t worry, it’s not just you, let’s look at some recent industry headlines: Jun. 2019: Amazon Restaurants announced it was shutting its…
Zuck…take a page out of Bezos’ book
Dear Mr. Zuckerberg, With the announcement of Libra you have decided to enter a new market, a growing and healthy digital payments space, who could blame you! Most would agree it aligns well with your ever growing Facebook, Instagram, WhatsApp and marketplace services. But while the approach appears to be well thought out (even going…