Amazon Delivers Degrees, Flight Club merges with GOAT with a Yum Investment , GrubHub Jumping Jacks and MeTooprison Bonus.

Good Friday Morning, UPS, FedEx slammed in premarket on news of Amazon’s launch of rival carrier. The bigger scoop under the radar is Bezos hired prominent Stanford University  graduate education professor Candace Thille to lead his new division “Global Learning Development.” Amazon degree delivered right to your home.  

 

Daylight – I call it a business. New York Times sees boom in online subscribers to newspaper benefits from ‘Trump bump’ as shares highest level in more than a decade. They added about 159,000 online subscribers in 4Q – total subscription revenue now exceeds $1 billion and Times now has 2.6 million paid digital subscribers, far more legit than Trump’s Twitter followers, although he has quite a few.

M&A – Capgemini acquired LiquidHub, an IT and business-staffing and consulting firm, for approximately $500 million.

Flight Club, popular secondary markets for rare and retro sneakers, announced it had agreed to merge with fellow online sneaker marketplace GOAT while simultaneously garnering $60 million in funding from Index Venture, an investor in cloud storage firm Dropbox.

Style – “The Shape of Water” has become the film to beat at the Oscars. Pardon me, but this is a stupid movie and shows Hollywood has emptied the intellectual tank to prove it’s first tier and everybody else is second. Good, I will skip the Oscars this year and watch three episodes of Blue Planet II.  

Culture – By the way, The Oscars are usually held on the last Sunday in February, but this year have been bumped a week, to March 4, to avoid conflicting with the closing night of the Winter Olympics.

Live Rounds – This means studios can run extra-long campaigns to win over Oscar voters who are wined and dined now like county commissioners. Harvey Weinstein changed the tradition of “no contact” when he went door-to-door with roses in 1994 for Pulp Fiction, nominated but lost to Forrest Gump. By the way, we all have a little Hollywood in us. When I, Tonya came out I said I would never see it. Going back this weekend for second run as I am fascinated how they framed the story.

Two major astrological events today – a cold front moves into Cape Town and a good chance for rain. Otherwise, the city turns off taps April 16. 100-foot-wide asteroid misses earth by 39,000 miles, a couple of inches in context of space.

Economics – 11.8 million sign ups is the number of people who signed up for the Affordable Care Act in 2018, with about 6 in every 10 living in states that voted for Donald Trump.

What’s in the bill to keep government open?  Buried at the bottom.

The killing of the Independent Payment Advisory Board, which was meant to cap Medicare spending

The extension of tax breaks for renewable and nuclear energy and a tax credit for carbon dioxide capture

Special tax rates for timber sales. Wahoo.  

Buzzard’s Roost – A convicted murderer in San Quentin State Prison is being awarded $65,000 after being turned into a “sex slave” by a female prison staff member.

Hot – In a down market yesterday, GrubHub jumped gigantically because it reported an amazingly fabulous earnings report and got itself a new investor in Yum!

Investment Banking – Private equity firm Cerberus, emerged as the winning bidder for sodium cyanide maker Cyanco,  not the sexiest of deals-and Cyanco has its problems-the company makes a necessary chemical used in cleaning and processing gold and silver and throws off good cash.

Hedge Funds – Are you sure Sam did it this way? Walmart is willing to invest up to $4 billion in Flipkart, valuing the Indian ecommerce giant at as much as $20 billion. A wild guess is Walton would say let’s go back and win those Dollar store customers. Corporate Frowns. spending money is easy.

IPO – AT&T, the telecom giant, filed confidentially for an IPO of its minority stake in DirecTV Latin America.

Venture Capital – Rani Therapeutics, a developer of a pill designed to replace injectable drug delivery for patients suffering from chronic diseases, raised $53 million.

Icertis, a provider of enterprise contract management in the cloud, raised $50 million.

Spotlight – Events Calendar

Entrepreneurial Channel – Pardon The Disruption

February 13 from 12:00 pm to 1:00 pm:

Morning Report Review with Ted Baker, Founder Qalo and Member Invitees

Live Event – Member Complimentary / Washington D.C.

February 15 from 6:30 pm to 8:30 pm: Times Talks with Jennifer Lawrence

SOLD OUT

Live – Aprio – New Tax Strategy for Business

February 22 from 9:00 am to 11:00 am

5 Concourse Parkway

Suite 1000

Atlanta, GA 30328

Registration here for New Tax Strategy For Business Event

Entrepreneurial Channel – SoulShine Sunday

February 25 from 11:00 am to 12:00 pm

Live Business Launch OVME – Mindset of a Maniacal, Anal Entrepreneur

February 28 from 6:00 pm to 8:00 pm

Dr. Mark McKenna

Flagship Studio’s & HQ – 3167 Peachtree Rd, NE, Suite G, Atlanta GA

Registration here for Mindset of a Maniacal, Anal Entrepreneur

Deal Stream>>>>>>>>>>>>>>>>>>>>

IPO – Victory Capital Holdings, a asset management firm, said it raised $152 million in an offering of 11.7 million shares at $13.

Exits – Houzz acquired IvyMark, a provider of business management software for interior design firms.

CloudBees acquired CodeShip, a provider of continuous integration and delivery products in the cloud. Financial terms weren’t disclosed.

Omnicom Health Group acquired Snow Companies, a patient engagement agency, from WestView Capital Partners.

Cerberus Capital Management agreed to acquire producer of sodium cyanide, from Oaktree Capital Management.

Venture Capital – Ionic Materials raised $65 million.

Zenflow, a medical device company, raised $31.4 million.

Yoshi, a subscription service provider for on-site car maintenance and gas delivery, raised $13.7 million.

Attentive, a personalized mobile messaging platform for ecommerce and retail businesses, raised $13 million.

Human Interest, a provider of retirement savings plans for small business employers and employees, raised $11 million.

Autobooks, a provider of integrated invoicing, payment and accounting software for online banking platforms, raised $10 million in funding.

ParentPowered, a creator of a text messaging application for parents of newborns to third graders, raised $2.65 million.

BurnAlong, a fitness startup, raised $1 million.

LVMH Luxury Ventures made an investment of an undisclosed amount in Stadium Goods, a sneaker and apparel marketplace.

Private Equity – Rock Hill Capital Group recapitalized LeBlanc Marine, a provider of marine construction, barge and tug services and material offloading services along the Gulf Coast.

Jefferson Dental Care acquired The Smile Center, a provider of dental practices.

Air Filtration Holdings, The Edgewater Funds, and Duchossois Capital Management acquired RoboVent provider of industrial ventilation and filtration solutions.And that’s what’s ahead, Cliff