NYU professor Scott Galloway: Walmart could acquire FedEx by 2021 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

NYU professor Scott Galloway is calling for Walmart to acquire FedEx by 2021, but says merger with Shopify would be 'gangster' (by profgalloway)

. Galloway says that Amazon is doing more with less.

I served on the board of a visual commerce SaaS firm until we sold for $130 million in 2016. There was a great deal of discussion on whether to sell. I urged the founders, naturally optimistic about the firm's prospects, to sell. The difference between $1 million and $10 million in wealth is meaningful , but the difference between 0 and $1 million is profound . Every entrepreneur should bank enough money to provide economic security for their family … at any opportunity.

Speaking of Zuck, I think he'd be happier if he'd sold to Microsoft . A powerful algorithm for happiness is to be wealthy but anonymous. Perhaps as a coping mechanism for realizing the significant damage he levies on the world, Zuck has developed the attributes of a sociopath. At some point, he'll likely be criminally charged.

FedEx is in the midst of being featurized by Amazon, who can make investments across their vertical stack that FedEx can't match, as Amazon has antimatter . The Memphis firm's most recent earnings were a s---show with, drivel about a slowdown in air freight, and an unfavorable calendar — a Kabuki dance attempting to distract investors from the fact that they're being featurized by Amazon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

profgalloway no merger - shopify should let fedex stew a bit more then acquire it.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UN postal agency mulls opening up to Amazon, FedEx, UPS, others - Business InsiderA powerful United Nations agency is quietly considering allowing companies into a 145-year-old international mailing pact — and it could give Amazon, UPS, FedEx, and a slew of e-retailers unprecedented shipping power
Source: BusinessInsider - 🏆 729. / 51 Read more »

FedEx investors are scrambling to find the bottom amid Amazon threat - Business InsiderFedEx's 'breathtakingly bad' earnings has investors scrambling to find the bottom as Amazon's skyrocketing logistics network looms One day the “skyrocket logistics” will pass via holograms through our smartphones🤩🤩🤩👍
Source: BusinessInsider - 🏆 729. / 51 Read more »

FedEx shares slide after missing earnings expectations, lowering 2020 guidanceFedEx is like “a 490,000 person start-up, where they’re offering a new thing called weekend… but they can’t get the cost under control,” MadMoneyOnCNBC's JimCramer says. “This is a horrendous time to be a FedEx exec.” MadMoneyOnCNBC jimcramer I don’t know Fred Smith but I know people at CN. Maybe they can hook u up
Source: CNBC - 🏆 12. / 72 Read more »