07/17/17

Blue Apron — Stormy Waters Ahead

Big Red Car here with his Blue Apron on. Haha, that’s a joke y’all, just like everything else about Blue Apron.

If you don’t know about Blue Apron, a meal kit delivery company which just went public, let the Big Red Car ‘splain it to y’all.

Blue Apron went public on the NYSE recently at $10/share having been “underwritten” by Goldman Sachs, Citigrope (haha), Morgan Stanley, and Barclays as the leads. It sold 30MM share and raised $300MM.

Yesterday, it was revealed that Amazon (recent offerer for Whole Foods) registered the trademark: “We do the prep. You be the chef.”

The filing said that Amazon would be preparing food kits for cooking and assembly as a meal. OK, so you recognize that, right? That’s Food Aprons core competency.

The Illuminati read this to mean Amazon/Whole Foods is going after Blue Apron and others in the meal kit delivery business. Just to be clear Blue Apron is the largest in the business followed by HelloFresh (German company). But, Amazon/Whole Foods has an incredible installed base, complete command of the order/delivery business, and an incredibly well focused existing customer base. Plus, Whole Paycheck is already a huge volume buyer of … wait for it … FOOD.

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07/11/17

Retail Tsunami v Amazon

Retail, Big Red Car? You going shopping?

No, the Big Red Car doesn’t shop, y’all. The Big Red Car does Amazon and the BRC is part of the problem. The problem being the wholesale remaking of the face of retail in the United States, particularly brick & mortar retail.

Let me ‘splain it to y’all.

First, there are a lot of stores closing.

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06/23/17

Amazon – Whole Foods v Walmart Hysteria

Amazon is buying Whole Foods? When the Hell did that happen?

Big Red Car — going to be a great day in the ATX.

OK, so unless you were out of the country, you know that Amazon has put its loop around Whole Foods and is trying to buy them. Deal seems to be all but done.

So what does it mean? Haha, that’s the rub. Let’s explore it, shall we?

Everyone wants to peg it as a Amazon v Walmart grocery industry cage match. Is it?

Before we answer that question, let’s take a look at some numbers.

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02/26/17

Fundamentals, Try Them

Can we get an “amen” for fundamentals?

Big Red Car here while The Boss is hanging loose in Steamboat. So, I got together with a cute Mercedes Benz from the next block over. She’s a diesel and I like exotic cars, so we had a chat. Her boss owns a business which he started and grew from a gleam in his eye.

“What’s the secret to your owner’s success, attractive MB?”

“He understands, sticks to, and executes on the fundamentals.”

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11/21/16

Budgets 2017 — Get Back To Work, Y’all! Shop Talk

Budgets. Nothing says the holidays are coming like budgets. Budgets make the world go around.

Big Red Car here on a lovely, sunny Monday in the ATX. Ahhh, on Earth as it is in Texas!

So, the election has everybody off their schedule with their lamentations and celebrating.

But, what are you supposed to be doing, y’all?

Of course, you know, you’re supposed to be finalizing your 2017 budgets, Ms. Startup CEO.

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01/18/15

The Physics of Business Process

Big Red Car here. Glorious day yesterday in the ATX. Going to be 70F and sunny today. Ahhh.

In business there is an element of physics — the study of matter and its motion through space and time — which shows up in the processes which any enterprise embraces.

Superior processes and capabilities result in superior outcomes. A process is a tool to automate the means of achieving a desired outcome. It is a tool when done well. Continue reading

12/5/14

Unicorn Hunting Season

Big Red Car here. Ahhh, back to the great times in the ATX, y’all. I know you’re jealous. Who wouldn’t be?

Going to be 76F today. Ahhh, on Earth as it is in Texas! The ATX.

So The Boss was talking with one of his brilliant CEOs who took his advice and bought an Old Economy company and transformed it into a New Economy company. Oil Patch company. Continue reading