1.) Katrina to Exec Chair
2.) Bezos Final Letter
3.) IPO + M&A Round Up
4.) J&J Halted

1.) Katrina to Exec Chair: big news out of the world of e-commerce this week with Stitchfix CEO & Co-Founder announcing she will be stepping down as CEO and moving to an executive chairperson role on the board. From MBA project to an IPO, she’s done it all. Why now? We’ll have to wait and see

2.) Bezos Final Letter: In other corporate transitions, Jeff Bezos penned his final letter to Amazon shareholders. He took the opportunity to outline the value that Amazon has created for shareholders and customers alike ending with these words: “To all of you: be kind, be original, create more than you consume, and never, never, never let the universe smooth you into your surroundings. It remains Day 1.”

3.) IPO + M&A Round Up: Microsoft acquired MA based Nuance Communications for $19.7B helping to solidify and expand their medical distributive capabilities (their tech is in 90% of hospitals). Coinbase & Applovin went public with shares falling below their direct listing (COIN) and issue prices (APP) respectively. Both are in massive markets, they’ll be fine!

4.) J&J Halted: Fauci put pause on the one shot Johnson & Johnson vaccine after some reported blood clot related issues. Statisticians were out in force on both sides of the issue. Apparently you’re more likely to be affected by many things than to get a blood clot from J&J. Still, precaution and a pause for now