3 ms·
This is an awesome idea! However, it's for a very specific type of entrepreneur: The non-vc backed lone-gun or family business. Or a small group that is 100% co
by mmaunder 15y ago
This is an awesome idea! However, it's for a very specific type of entrepreneur: The non-vc backed lone-gun or family business. Or a small group that is 100% committed to building a moderately sized profitable company for the long haul without funding. My gut says it has the potential to grow to low 8 figure revenue per year in 5 to 10 years.
The online restaurant space is not as lucrative as many other sectors because restaurants tend not to spend much money advertising online. So it fails the classic VC test of "Is it huge and getting bigger". You'll probably have a hard time raising money for this biz, but if you can go it alone, it could be a great long-term play.
Friends have started companies in the restaurant space and one of my siblings is a chef.