Also covered are the next big area for fintech investment, how the flying experience might be getting better, and more.
Today, we get into big tech’s energy bets, whether Goldman Sachs’ latest acquisition was a bargain, and more including:
- Robots, pizza, and killer stock prices
- How Facebook’s algo wrecks millennial media companies
- On-demand destruction: where VC money parks and dies
- The next big area for fintech investment
- FAMGA’s moves to save on energy expense
- Did Goldman Sachs overpay for its latest acquisition?
- The airline experience might not be terrible forever
Pizza, pizza. Billionaires get into pizza-making robots. Startup gets out.
Little Caesars pizza received a patent in March for a robot that can assemble a pizza. Zume Pizza, which has created a lot of buzz for its pizza-making robots, is pivoting away.
Little Caesars is owned by the Ilitch Holdings, a gargantuan family-owned holding company that also owns the Detroit Red Wings and the Detroit Tigers, among others. With 2017 revenue of $3.6B, Illitch is now getting into the robot pizza market.