🌮Are cloud kitchens a new category?Much like cloud computing services, cloud kitchens have become a popular business model for food-delivery providers that want to serve up meals while avoiding the expense of traditional restaurants with their associated high real estate and service staff costs. And is Travis back? https://www.bloomberg.com/news/articles/2019-09-23/uber-ex-ceo-kalanick-grabs-slice-of-india-s-cloud-kitchen-arena 🧠1 $Billion for a mind reading mouse […]
Tag Archives: Lyft
Are IPO’s the new Ponzi Scheme?
💸 🎣 Since Uber became a public company in May of this year, they have to report their quarterly numbers. In the last Q2, they reported an insane loss of 5.2 Billion Dollar 😳! On the other hand, they have an average of 17 million trips a day and an expected total turnover of $59 billion […]