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A half a billion dollars...for a pizza place, robots or not. I should have some profound comment to make here, but this has reached a scale where my meager huma
by mikestew 3y ago
A half a billion dollars...for a pizza place, robots or not. I should have some profound comment to make here, but this has reached a scale where my meager human mind cannot keep up, similar to a journey to Pluto or summat. It's almost as if SoftBank is just here for our entertainment, and the end game is...hell if I know, but I am entertained.
- slg 3y agoDominos is one of the 10 biggest restaurant chains on the planet and their market cap is only $10.6b. Anyone who thought to value this startup at over 20% of that does seem comically and entertainingly incompetent.
- distortionfield 3y agoSoftBank is starting to seem like the Jim Cramer of SV funds
- frankreyes 3y agoIt seems the business model is to throw enough cash at the problem and you'll get a profitable business.
- gnicholas 3y agoPizza was supposed to be their beachhead, and they were going to expand to other just-in-time food delivery.
- deleted 3y ago[deleted]
- stickfigure 3y agoI was also skeptical of this particular venture, but keep in mind that Domino's has a market cap of over $10B. There's a lot of money in ubiquitous things like pizza or laundry detergent. The execution here sounds poor, but the concept of "use technology to revolutionize <common everyday thing that lots of people spend money on>" is not lunacy. Just hard.
- rgbrenner 3y agoTo make it even funnier, just remind yourself that Softbank raised all this money to accelerate the development of the singularity, which will happen just 15 years from now (according to softbank). Just imagine the chain of thinking that links that to pizza.