Wela Whip - The Uber Benefits, Pot's Next Prize, Ain't No Thing But A Chicken Wing, A Jurassic Opening, Groceries Delivered To Your Door?

The Uber BenefitsUber, the fast growing and very popular transportation app, holds itself out as a technology platform. Therefore, they just contract with drivers, and the drivers have to pay for all of their own costs, yes, like gas. But this week, California has ruled that an Uber driver is actually an employee…at least in the case of this one driver. Uber will undoubtedly be appealing this ruling. However, if the ruling stands and this becomes a precedent, Uber will have to rethink the way they’ve structured their company…which has a valuation of over $40 billion!...Read More

Pot's Next Prize Marijuana advocates are looking to add another big win. Now that they have states legalizing marijuana, the next step is to go after Indian reservations. Indian reservations were granted the ability to grow and sell marijuana on their land last year. Marijuana advocates are giddy about the potential revenues, and they're spinning it as an opportunity for Indian tribes to make up for their decreased grant money. Gambling and pot may propel the future of Indian reservations… powerful!...Read More

Ain’t No Thang But A Chicken Wang! Troy Aikman, best known for his time spent as a superstar quarterback with the Dallas Cowboys, has turned the love of chicken wings into millions of dollars this week. Wingstop, the chicken wing chain store, went public last week, and Troy Aikman cashed out for an undisclosed amount. He did reveal, however, that his stake was worth more than what he earned during his first four years as an NFL QB! Looking back at those years we know he made about $6 million dollars…winner winner chicken dinner!...Read More

A Jurassic Opening Dinosaurs rule again. Or at least the box office. Jurassic World knocked out Harry Potter for biggest worldwide openings of all time. They brought in a whopping $511.8 million worldwide… in the first weekend. That’s almost $30 million more than Harry Potter and the Deathly Hallows Pt. 2 which is now second on the list. Critics rated this blockbuster a 70% on Rotten Tomatoes, while movie goers rated it an 86%. All this got us wondering why the heck we even listen to the critics in the first place!...Read More

Groceries Delivered To Your Door? Well, we’ve seen this play out before right? Webvan didn’t pan out. Instacart is the here and now, but it still has much to prove. The food and beverage industry, at $600 billion per year in sales, is the largest retail category in the United States. On the other hand, it’s the category that has been least disrupted by e-commerce. As we sit today, less than 1% of all food and beverage sales occur online which means it’s ripe for disruption! Surely we can expect to see the Amazons and Googles of the world stepping up to the plate...Read More