“Lulu, Lulu, on the wall” — Lululemon acquires Mirror. Uber may buy Postmates. Netflix’s $100M black bank bet.

The Best One Yet

English - July 01, 2020 09:00 - 18 minutes - 16.5 MB - ★★★★★ - 8.5K ratings
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Previous Episode: “The 2nd Kardash-icorn” — Under Armour’s mega-deal. Facebook is too-big-to-cancel. Coty’s Kardashian investment.

Next Episode: “It’s time for B-commerce (Booze commerce)” — Constellation buys Empathy Wine. Alibaba’s stores from the future. YouTube TV’s price jacking.

Athleisure icon Lululemon splurges $500M to acquire Peloton-ish in-home workout startup Mirror. Fresh off its acquisition breakup with Grubhub, Uber is looking to rebound with Postmates instead. And Netflix will stream $100M of its cash into black community banks to fix the bank desert hole in the financial system. $LULU $UBER $NFLX

Here’s a Robinhood Learn article, authored by Nick and Jack (What is an ETF): https://bit.ly/3gfhd48

Here’s Robinhood’s Newsfeed, accessible if you download the Robinhood app and set up an account: Snackspodcast.robinhood.com
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