3 ms·
Very surprising that they've gotten to the point of actually filing for an IPO. Their business model is overly complicated. This company reminds me of Webvan d
by WheelsAtLarge 9y ago
Very surprising that they've gotten to the point of actually filing for an IPO. Their business model is overly complicated.
This company reminds me of Webvan during the 1st internet boom. They tried to do everything a market would do plus delivery. They soon found out it was too costly and went under.
What they need to do is partner with grocery stores so that customers can pick up the food or have it delivered without having to deal with UPS or FEDex. One big pain is all the packing. It gives the impression of waste. True or not it's not nice to see a bunch of packing stuff going in the trash.
I, for one,order and pick up a Thanksgiving meal every year from my local market. It's about $10 per head. If they can match that at my local market. I'd be happy to order it. It probably wouldn't be an everyday thing but I'd use it multiple times a week.
- bcassedy 9y agoTrust me they're already looking at getting faster fulfillment and avoiding UPS and FedEx. That ice they package with is extremely expensive and their margins would improve drastically if they only needed to keep the box cool for ~12 hours instead of 24+ with the major carriers.