Monthly Archives: May 2018

How Amazon Plans To Use Whole Foods to Dominate the Retail Industry | Fortune

Awesome read. I hope Amazon takes Whole Foods global.

How Amazon Plans To Use Whole Foods to Dominate the Retail Industry | Fortune:

The very thing that makes grocery delivery hard—that food goes bad—is the reason it’s so desirable to a company like Amazon. Because cheese grows mold and meat goes rancid and milk sours, consumers can’t hoard it in their cupboards or refrigerators indefinitely as they might toilet paper or laundry detergent. As a result, the average family hits the supermarket at minimum once a week; there’s nothing else you purchase or consume so much or so often. For Amazon, getting in on that frequency is critical to further ingraining itself in our routines and behaviors. “Food is the platform for selling you everything else,” says Walter Robb, the former co-CEO of Whole Foods. “It’s an everyday way into your life. There’s nothing else that happens quite that way.” Amazon’s quest is therefore about much more than just food.

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Silly angel stuff

I see this a lot – companies either continually raising from angels or even putting together large seed size rounds made up of angels.

Angel rounds are not bad but do one and then get to the institutional round.