3 ms·
One thing I don't see mentioned in the blogpost or in the comments is the discussion that ticketing gets you deferred revenue, i.e., float. They get to pay for
by jonstewart 12y ago
One thing I don't see mentioned in the blogpost or in the comments is the discussion that ticketing gets you deferred revenue, i.e., float. They get to pay for most of their COGS with cash instead of credit, and earn interest in the process. This seems like the most fundamental improvement to the restaurant business, but maybe not something they want to highlight on their blog.