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Optimizing Time, Not Just Timelines: Agile Lessons from Stigler’s Airport Wisdom
A Nobel Prize-winning economist, George Stigler, once quipped, “If you never miss a plane, you’re spending too much time at the airport.” This seemingly simple statement holds profound wisdom, mainly when applied to Agile software development. It’s a metaphor for efficiency, risk management, balancing preparation, and Productivity. Let’s explore how […]
Providoor’s Plight: $4.4 Million in Gift Cards Rendered Worthless as Company Collapses
In a disheartening turn of events, the gourmet meal delivery business Providoor, which celebrity chef Shane Delia founded during the COVID-19 lockdowns, has collapsed into liquidation. This unfortunate development has left thousands of customers holding nearly $4.4 million in now-worthless gift cards. The liquidation of Providoor reveals the company’s debts […]
From Lockdown Lifeline to Liquidation: Providoor’s Culinary Journey Ends
Providoor, the upscale food delivery service that became a beacon of hope for restaurant-quality meal deliveries during the pandemic’s darkest days, has announced its closure and subsequent liquidation. The company’s founder, celebrity chef Shane Delia, expressed a mix of pride for the venture’s achievements and sorrow over its end. Providoor […]
Celebrity Chefs Stir the Pot in Providoor’s Comeback from a $6.3M Meltdown.
After a financial fiasco that left the gourmet food delivery service Providoor in liquidation, owing over $6.3 million, the company has found a lifeline in a new owner and a star-studded cast of culinary celebrities. Launched during the pandemic lockdowns as a lifeline for food enthusiasts to access meals from […]
The Gambler’s Dilemma
The Gambler’s Dilemma is a classic example of a problem in game theory. It involves two players, each with the option to choose between two strategies: “bet” or “stay.” The players simultaneously select one of the two strategies, and the payouts are as follows: The dilemma for the players is […]
How Covid-19 Accelerated The Rise Of Ghost Kitchens
Ghost kitchens, also known as virtual restaurants or cloud kitchens, are food establishments that exist solely to prepare food for delivery through online ordering platforms. These businesses do not have a physical storefront or dining area, and customers cannot order food for pickup or eat in. Instead, they rely on […]