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Finnish food delivery giant Wolt bought by US competitor DoorDash for €7bn
US food delivery giant DoorDash has been hunting around Europe for competitors to buy for months — and it’s finally picked one: Finland’s Wolt. Today, the two businesses are announcing that DoorDash has acquired Wolt in an all-stock transaction for €7bn.
Link: https://sifted.eu/articles/doordash-acquires-wolt-7bn/
Tiger Global: How to Win
If you only have a couple of minutes to spare, here’s what investors, operators, and founders can learn about Tiger Global. Join 46,000 others by becoming a subscriber. Just enter your email above.
Link: https://www.readthegeneralist.com/briefing/tiger-global
Remote work will break the US monopoly on global talent
Remote work is creating a new economic niche, and countries that put in the work to fill it will finally be able to compete with the US to attract talent. This is the once-in-a-generation opportunity for small, stable countries to grow, diversify, and up-skill their economy.
Link: https://devonzuegel.com/post/remote-work-will-break-the-us-monopoly-on-talent
053. Strategy Tax: Outlook Storage, First Attempt
Most tend to think of Microsoft strategy as the march from BASIC to DOS to Windows to Azure. While that is a robust external narrative, the more interesting view is how the company changed strategically and organizationally as we transformed from a consumer to an enterprise company.
Link: https://hardcoresoftware.learningbyshipping.com/p/053-strategy-tax-outlook-storage