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Last week's highlights....

Snacks / Friday, January 07, 2022
  • Blood: Last week disgraced Theranos founder Elizabeth Holmes was convicted of defrauding investors, a rare fate for a tech exec. But despite Holmes’ Icarus moment, funding for US biotech startups has nearly tripled since 2015.

  • Chilled: Walmart plans to expand its “InHome” service — which delivers perishables like guac directly to your refrigerator — to 30M customers this year. The online grocery-delivery market’s predicted to hit $93B in 2022.

  • Giga: Tesla’s stock jumped 13% last Monday after the EV-maker said it delivered nearly 1M cars in 2021. But as rivals VW, Ford, GM, and Lucid double down on EVs, Tesla may need to build more Giga-factories to maintain its lead.

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