5 ms·
Chipotle is launching a food and farm tech accelerator program
- siruncledrew 8y agoWhat's conveniently missing are actual financial details about the accelerator. Like how much money do they give companies and what percentage of equity does Chipotle take? Chipotle is aiming to attract "growth-stage" companies, but their accelerator headline comes off as "get to meet Elon Musk's brother, a celebrity chef, and eat free food". This seems like Chipotle is bargain-bin shopping for companies they could own/acquire/copy to alleviate their own business struggles.