Just Eat Takeaway.com Grubhub has landed itself a tasty snack, but don’t expect its U.S.-based competitors to starve. Shares of the Amsterdam-based delivery company jumped nearly 15% on July 6 after it said it struck a deal with Amazon.com to offer U.S. Prime subscribers one-year free of Grubhub’s membership program, Grubhub+. As part of the deal, Amazon will receive warrants in Grubhub equivalent to 2% of Grubhub’s equity and access to warrants for a further 13%. Read More...
The New York Times
A Warren Buffett Protegee Strikes Out on Her Own
Tracy Britt Cool always knew she wanted to work in business. So, not unlike the star of a high school musical asking Steven Spielberg for a part, she figured she should start at the top. At 24, fresh out of business school with barely any formal work experience, Britt Cool mailed a letter to Warren Buffett asking the Oracle of Omaha if she could work for him. Soon, his office address became hers, too. Britt Cool joined Buffett’s conglomerate, Berkshire Hathaway, in fall 2009 as financial assista
