Schick razor’s parent, Edgewell Personal Care, abandoned its proposed $1.37 billion purchase of razor startup Harry’s in the face of opposition from the Federal Trade Commission. The FTC last week said it planned to sue to block the deal, alleging it would hurt competition in the razor market. Harry’s sells cut-price razors to consumers directly. The FTC noted last week that the startup was a...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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