How a college dropout grew Whole Foods into the company Amazon is buying for $13.7 billion
Publishing timestamp: 2017-06-16 20:29:30
Summary
Amazon's acquisition of Whole Foods Market for $13.7 billion may be a savvy business decision, but the founding ethos of the two companies are very different. Whole Foods, founded by John Mackey, aimed to change the way people eat and promote sustainable, healthy foods. Despite facing competition and activist investors, Mackey was against selling the company. However, pressure from investors led to the sale to Amazon. Mackey's journey from starting a natural grocery store to selling Whole Foods reflects the challenges and evolution of the business world.
Sentiment: MIXED
Keywords: leadership, amazon.com inc, walmart inc, whole foods market inc, business, career advice, jeff bezos, technology,