Lendio Raises $20 Million in Growth Capital Led by Comcast Ventures and Stereo Capital

Funding Will Fuel Significant Marketing and Sales Growth to Expand Lending Options to Small Businesses

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Staples’ Purchase of Office Depot Makes No Sense

My prediction: if the merger goes through, there will be bigger losses at Staples as it tries to divest itself of all those stores. The revenue and the stock value of the new Staples will plummet because of those losses. Those losses will come as Staples faces more competition online.

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Staples Struggles to Survive

Staples reported online sales of $10.4 billion in 2013, making it a very profitable online retailer. Unfortunately, it is a very profitable online retailer that is saddled with a very unprofitable chain of brick and mortar stores.

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