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The corporate accounts thing is actually pretty interesting - a cost that was previously absorbed by large companies (doing the accounting for expensed food ord
by s17n 9y ago
The corporate accounts thing is actually pretty interesting - a cost that was previously absorbed by large companies (doing the accounting for expensed food orders) is shifted to the restaurants by a third-party entrant in the space (Seamless) which captures a profit in the process.
Of course this is money that the large companies could have been extracting in the first place, but they didn't bother because it's not worth it for them on an individual basis - they don't care about the money, they are giving their business to Seamless just for the convenience. I wonder what other similar opportunities might exist?