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Seems to me that it's both. I don't see VCs pouring billions in investments into new restaurants.
by AlexandrB 6y ago
Seems to me that it's both. I don't see VCs pouring billions in investments into new restaurants.
- kovek 6y agoSeems like some people are more interested in using Doordash than getting the food from the restaurants directly. I think that Doordash provides a useful service that was not as present or not as good previously. What do you think?
- AlexandrB 6y agoI do not think Doordash is useful, I'm fine with picking up my own food. I also think that Doordash is an example of a business that is lowering the bar for what's considered entry-level employment and will result in erosion of the consumer base and eventual economic or social crisis. Only time will tell.
- SMAAART 6y ago> I don't see VCs pouring billions in investments into new restaurants. Serious investors play in their niche: Restaurant investors don't invest in tech either. If your statement outlines a problem, how would you go about solving it?
- sokoloff 6y agoI suspect that the 80th percentile best restaurant investor would be better off becoming a 20th percentile retail investor in tech.
- toby 6y agoOff the top of my head, Sequoia did back The Melt, there was a time a few years ago when VCs did dabble in restaurants.