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    Food-as-a-Service: The $3 Trillion Meal Delivery Market

    by | Digital
    Mentioned Companies: AMZN, EXPE, GRUB, MPNGF, NFLX

    To find promising investment opportunities in the consumer internet, we believe it is imperative to look for companies that improve convenience in industries that haven’t changed in decades. Convenience explains the success of Amazon, Expedia, Netflix, and Uber. Each of these companies attacked an industry that burdened the consumer with work—whether searching through bookstores or […]

  • square, mobile payment, payment, web, webx0, arkw, arkwebx0, ARK, ARK Investment Management, Innovation, ETF, Active management, thematic, investing, disruptive innovation, investment management

    Square’s New Mobile Payment App is Uninspiring

    by | Digital
    Mentioned Companies: EBAY, GRUB, PAY, SBUX

    Despite demonstrated disdain by the broader consuming public, mobile payment applications continue to proliferate. Square, of the like-shaped iPhone-attached credit card swipers, has launched its latest mobile payment effort, Square Order. It is unlikely to succeed. According to McKinsey, “Fewer than 10 percent of consumers have ever made a mobile-phone based purchase at the point […]