11/15/18

Corporate Welfare – Incentives

Corporate welfare, Big Red Car? Huh?

Big Red Car here on a sunny, cold Texas day. Ahhh, winter is here at 41F at dawn, but 65F now. Winter is hard in the ATX, y’all.

So, the Interwebs are all aghast at the gargantuan incentives provided to Amazon (richest guy in the world, Jeff Bezos, at your service) by New York and Virginia to get half of the new HQ2.

The gainsayers and the naysayers are in full throated-uproar, but nobody is really keeping score on these things, are they?

Let’s go back and explore a recent deal — the Tesla SolarCity Buffalo, New York incentivized transaction.

Image result for images elon musk

Oh, my, what have I done now? Solar City? Rooftop solar panels? Was that me?

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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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06/2/14

Amazon — Bully of the Boardwalk?

Big Red Car here. Going to be a warm one here in the ATX but then today is the second day of June, isn’t it? It is summer in the ATX and summer means warm.

So the Big Red Car is concerned about Amazon and its latest dustup with the publishing industry.

This is NOT Jeff Bezos, head of Amazon, though many think it may be him given recent behavior.

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