In its June 11, 2017, article, Business Insider quipped, “Blue Apron’s IPO is a missed opportunity for Whole Foods.” Not anymore. On Friday, June 16, 2017, Amazon ($AMZN) announced its acquisition of Whole Foods ($WFM) for $13.7 Billion dollars. The meal kit industry has two simple components — a subscription service and good food. While Amazon Prime, its subscription service, has no signs of slowing down with over 80 million members;  Blue Apron’s subscription service is showing signs of strain.  On the other hand, Whole Foods has mastered the art of food. Separately, Amazon and Whole Foods have tried...

Snap, Inc. (the parent company of Snapchat) is scheduled to be available for purchase by the public on Thursday, March 2nd. Although this is probably the most anticipated initial public offering (IPO) since Facebook, I’m skeptical. Here are five reasons why I won’t be snapping up Snap[chat]. Snap is not a camera company To its 150 million active users, Snap is a technology and social media company with two products, Snapchat and Spectacles. Snapchat, Snap’s flagship product, is a dynamic ephemeral photo and video social media platform. Spectacles are sunglasses that connect directly to Snapchat to capture video from the...