Amazon’s stock plummeted as much as 20% in after-hours trading after posting weak growth for the third quarter and providing a bleak outlook for the holidays. While the Internet retailer reported net sales for the third quarter that were up 15% from the same period last year, they came in on the lower side of the company’s guidance for the quarter and below Wall Street’s expectations. But the...
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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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