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Will Blue Apron flop?
in Investments

By melefmelef 68 Pts
Blue Apron makes cooking fun and easy. We'll provide you with all the ingredients that you need to make a delicious meal in exactly the right time.

Will this company end up failing as Amazon merges into the food/supermarket with their multi billion dollar acquisition of Whole Foods? Their IPO's price has went negative just in the first 2 days of trading.
comey_testify
  1. Live Poll

    Flop?

    3 votes
    1. Yes
      66.67%
    2. No
      33.33%


Arguments

  • No, Amazon did not enter Blus Apron's market which they seem to be merged in between many, and seem to be the only ones doing what they do. 
  • They are relying on a trend of people wanting to cook instead of eating out or ordering in. That trend is questionable longer term. Also amazon is blurring the line with their whole foods purchase, so I question if blue apron has a strong barrier to entry to he successful 
    Live Long and Prosper
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