European Wax Center, once a flailing family business, is set to IPO with a $1 billion market cap David and Joshua Coba founded European Wax Center as a single location in 2004, but have since expanded to over 800 franchises. With its IPO, the company goes from a family business to a $1 billion powerhouse. Ivan De Luce 8.5.21 2:56 PM Markets
Delivery Wars 2.0: How Just Eat Takeaway, Uber Eats, Deliveroo, Zomato and others match up in the multi-billion dollar market We broke down what you need to know about the biggest food delivery conglomerates, where they dominate and how they grew to their current scale. Jael Goldfine 8.5.21 12:41 PM Features
How a startup founder is helping utilities boost profits by turning them into crypto miners Andrew Webber, CEO of Digital Power-Optimization, says power companies could tap surplus electricity. Christie Smythe 8.2.21 12:37 PM Crypto
The traditional startup-to-VC-route is out. Solopreneurship is in Many younger entrepreneurs are rejecting the growth-focused business paradigms of yore, and aiming to keep things small. Rachel Presser 7.30.21 6:33 PM Features
This week in Business Twitter: Steak-umm’s social commentary, the VC firm you’ve never heard of, and why taxis might be cheaper than Ubers Greenoaks Capital is publicity-shy, but the investment firm has had a successful year. Meanwhile, high rideshare prices could make taxis cheaper than Uber or Lyft rides. Ivan De Luce 7.30.21 3:22 PM People
Why Mark Zuckerberg is turning Facebook into a "metaverse company" and what could derail him The key stumbling block for Facebook is openness and interoperability. Joon Ian Wong 7.30.21 2:33 PM Features