The restaurant business is going through a change as consequential as the separation of an egg's yolk from its white.
Chong, a former product manager at Uber, founded Virtual Kitchens along with Matt Sawchuk, a former manager at UberEats, and Andro Radonich, an expert in food operations at scale. The ex-Uber employee says that the team's past experience played a key role in guiding them to found the company. Working at UberEats or within the Uber marketplace showed that while delivery was thriving, restaurants were struggling to balance delivery with their dine-in services.
"In terms of refrigeration space and storage, the need for infrastructure is very similar," Chong told Business Insider. Investors have developed a taste for ghost kitchens and their business potential. Last week, Virtual Kitchens raised $15 million from venture capital firms such as Andreessen Horowitz and Base10 Partners to grow their business.
But Chong said the number of companies on the market fell in line with his own thinking, that the restaurant industry is in need of some innovative thinking.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Apple may have to open NFC technology to others - Business Insider - Business InsiderA German law would make Apple offer NFC technology to other firms – impacting Apple Pay since it doesn't currently offer its NFC technology to others.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
A VC says sports betting startups need to broaden audience of bettors - Business InsiderBullpen Capital's Paul Martino says there hasn't been enough innovation in sports betting because startups are still focusing on the same bettors.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
ThreeKit: 3D photography startup funding by former NFL star and Salesforce - Business InsiderFounded in 2005 by Hollywood special effects veteran Ben Houston, ThreeKit uses 3D software to provide realistic product renderings for online retailers.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Northzone: New $500 million VC fund for European and NY tech startups - Business Insider'We've been successful because we have true founder empathy, we are sticking to what's working,' said Paul Murphy, general partner at Northzone.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
The inside story of how Greylock incubated security startup Abnormal - Business InsiderSilicon Valley VC firm Greylock is betting big that startup founders are ready to trade garages and basements for swanky offices with its legendary startup incubator Idiots. Tangible things are successful
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Uber's original pitch deck shows how its changed as founders cash out - Business InsiderUber's co-founders are starting to cash out of the ride-hailing giant. Here's the pitch deck they created back in 2008, way before it was a $45 billion ride-hailing giant. BIPrime
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »