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I was recently at a Restaurant Tech meetup in New York. One of the panelists was a restaurant owner. Others were startups in the food space. What I found rep
by tmaly 10y ago
I was recently at a Restaurant Tech meetup in New York. One of the panelists was a restaurant owner. Others were startups in the food space.
What I found repeated over and over again was that the food delivery services specifically Seamless, but also others, take too much of a cut ( 1/3 ).
Restaurants tend to operate on razor thing margins, especially in cities with high rent costs. If your product or service is going to be a significant cost to the restaurants bottom line, they most likely will not use it.