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Before we take off for the long weekend, check out the best stories from the past week (8/23-8/29).
- After months of rumors suggesting that Google was prepped to snatch up Twitch, Amazon ended up dropping the money to make this deal happen. Alex Wilhelm originally reported the news for TechCrunch, but Kyle Russell offered some critical analysis about how Amazon’s acquisition is too big too fail. Although Amazon spent $970M (1/5 of its cash) on the deal, this acquisition makes a ton of sense.
- This is the founding story of Lyft. The founders came from very different backgrounds, and they originally had completely different goals. Did you know that the first items they bought after their first round of funding were beaver and frog mascot costumes? Speaking of Lyft, did you know that Uber gave contractors burner phones and credit cards to create fake Lyft accounts and recruit drivers
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