3 ms·
To me this seems like a dead end business to be in, too many competitors in limited markets (like SF or NY), competition with brick and mortar options (Joe's De
by coldcode 10y ago
To me this seems like a dead end business to be in, too many competitors in limited markets (like SF or NY), competition with brick and mortar options (Joe's Deli etc), and enormous cost of acquisition trying to outdo the competition. This seems like a market for one winner and lots of losers. Is investing $120M in such a business a good idea? You have almost zero ability to innovate and produce something better than your competitors, so why even get into this?