Business

DITCH, PLEASE

If your business model is to corral the largest possible herd of unicorns and make them run up the hill as fast as possible, a lot of them are going to fall into a ravine, that is just a basic theorem of Finance 101.

CUTTING THE MIDDLEMAN

If someone could pay Doordash $16 a pizza, and Doordash would pay the restaurant $24 a pizza, then the restaurant owner should clearly just order pizzas himself via Doordash, all day long. Right?

DOUBLE, DOUBLE, OIL AND TROUBLE

The industrial giant missed the shale boom, overspent on projects, and saw its debt rise to $50 billion as its stock plummeted. Behind Exxon's fall from oil juggernaut to mediocre company.

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