Blue Apron Might Be Done
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 7 November 2017
⏱️ 19 minutes
🧾️ Download transcript
Summary
Scott Phillips from Motley Fool Australia in the house! We discuss Blue Apron’s latest tumble, Amazon’s move to Australia, and investing Down Under. Plus, we talk about the Australian version of “Motley Fool Money” that Scott co-hosts with Andrew Page.
Transcript
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| 0:00.0 | It's Tuesday, November 7th. |
| 0:03.3 | Welcome to Mark Fullry. |
| 0:04.4 | I'm Chris Hill joining me in studio today from Share Advisor |
| 0:08.3 | and from Million Dollar Portfolio, not the US one, |
| 0:10.9 | the one in Australia. |
| 0:12.4 | It's Scott Phillips. How are you? |
| 0:14.4 | Chris Hill could I, I'm very well. |
| 0:16.2 | It's so good. It's always good to see you. |
| 0:17.7 | That's good to see you too, my thanks for being here. |
| 0:19.8 | It's a pleasure to be here. Scott is here, well Scott's welcome welcome anytime but it's full of |
| 0:23.8 | palusa this week it is our annual meeting which is Thursday and Friday which is |
| 0:29.2 | my way of leading up to letting listeners know it It's going to be a short week on |
| 0:33.2 | Market Fullry. There will be no Thursday episode. But you know what? You're |
| 0:36.9 | going to get twice the episode today because it's Scott Phillips. No pressure |
| 0:40.8 | Chris, thank you. None whatsoever. We're going to get into investing in Australia, but I wanted to start with |
| 0:50.4 | Yet another bad day for Blue Apron, shares a Blue Apron down 15% after the CEO came out and said, |
| 0:58.5 | hey, that new fulfillment center we have in New Jersey? |
| 1:00.8 | Boy, does that thing cost a lot of money? And that combined with layoffs, combined |
| 1:06.7 | with just, I was, we were talking about this before we started taping. Back in July, I asked the question, |
| 1:15.0 | what is the shortest amount of time a company has gone |
| 1:18.0 | from their IPO to being taken private? |
| 1:22.0 | And I wasn't being 100% snooping. to being a hundred percent snarky in asking that question. I'm genuinely |
... |
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