Tag: Whole Foods

More Takes on Uber’s Crisis and Amazon’s Whole Foods Deal

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The NewCo Daily: Today’s Top Stories


Sometimes the day-two and week-two takes on big stories are more valuable to read than the breaking coverage. Here’s a couple of examples.

For Investors, Travis Kalanick Was Great, Until He Wasn’t

Before he became the icon of toxic management and bad-boss behavior that he is today, Travis Kalanick was, in the eyes of the venture capitalists who funded his company, the perfect startup CEO. He had the vision. He had the hard-charging spirit, the “won’t take no for an answer” stance, the “I’ll do anything to win” determination. As long as VCs value “manic, headstrong sociopaths,” we’ll be stuck with more Kalanicks, writes Adrianne Jeffries in The Outline.

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Amazon Gobbles Whole Foods As Online/Offline Boundaries Dissolve

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The NewCo Daily: Today’s Top Stories


If you fear Amazon is about to swallow up the entire retail industry in its hungry online maw, this morning’s news that the company is buying Whole Foods will not reassure you. Amazon intends to pay $13+ billion to buy the high-end organic and luxury supermarket chain that customers love/hatingly refer to as “Whole Paycheck” thanks to its high prices (Bloomberg).

John Mackey, the Whole Foods CEO, would remain in charge of the business. In Texas Monthly profile published this week, Mackey vowed to stick to Whole Foods’ “conscious capitalism” mission despite pressure from equity investors to boost profits or sell the company.

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