Blue Apron’s debut leaves bad taste

Viewsroom

Reuters

News

4.4 • 58 Ratings

🗓️ 29 June 2017

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

The meal-kit delivery firm had an unappetizing IPO, barely opening above its much reduced price of $10 a share. Investors are starting to wise up to fluffy concoctions with little meat. The more discerning environment will make it difficult for half-baked companies with high risk. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	To be or not to be.
0:02.8	Right now we're offering a range of incentives across Audi models.
0:06.5	That is the...
0:07.5	But only until the 28th of February.
0:10.0	The...
0:10.7	Um...
0:12.0	So stop whatever you're doing.
0:14.4	Um... I'll be right back.
0:17.1	Just carry on without me.
0:18.3	And find yours online or at Finchley Road, Audi.
0:21.5	Audi, four-sprung-dirk Technic.
0:23.8	Terms and conditions apply.
0:25.1	Selected models, retail customers and participating Audi centres only.
0:30.1	The views expressed on this podcast are those of the participants, not of Reuters' news.
0:43.1	Thank you. of the participants, not of Reuters' News. Welcome to the Views Room, a weekly conversation among breaking views columnists about the ups and downs of the world of finance.
0:50.0	I'm Jennifer Sabah.
0:51.5	This week we'll be talking about Blue Apron.
0:53.7	It's the meal kit delivery service that started in the U.S.
0:57.5	that had this four-star valuation that has been basically, they have a comeuppance now.
1:03.2	They had an IPO as we speak, and it just was very disappointing.
1:08.3	So joining me here to talk about Blue Apron and kind of the wider implications this has is Breaking View's editor-in-chief, Rob Cox, joining us from Connecticut. Hello, Rob. And also in the studio with me is Breaking View's columnist Rob Siren.
1:24.2	Hey, Joe.
	...

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