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Posts Tagged ‘Restaurants’

Toast, the restaurant management platform, has raised $250M at a $2.7B valuation

Restaurant sales hit $825 billion last year in the U.S., but with margins averaging at only three to five percent per business, they’re always looking for an edge on efficiency and just generally running things in a smarter way. A startup called Toast, which has built a popular platform for restaurant management, has closed a ...

Michelin three-star restaurant French Laundry serves mushroom soup from a ****

Let's talk about the French Laundry's **** course. https://t.co/cSdEvoydR0 pic.twitter.com/G80R4u06Wm

— Paolo Lucchesi (@lucchesi) March 26, 2019

In a New York Times review of celebrity chef Thomas Keller's Manhattan eatery Per Se, critic Pete Wells described the mushroom soup "as murky and appealing as **** water." So now for special guests, ...

Starbucks will anchor the new $400 million food-focused Valor Siren Ventures fund

Starbucks is serving up a steaming hot $100 million cash commitment to anchor a new food-focused fund in partnership with the consumer and tech-focused focused private equity firm Valor Equity Partners. The behemoth of burnt-coffee said that its commitment to the Valor Siren Ventures fund is an attempt to focus on “new ideas and technologies ...

VCs have growing appetite for ‘AgriFood’

Venture investors are pouring billions of dollars into feeding their hunger for food and agriculture startups. Whether that trend line is due to enthusiasm for the sector or just broader heavy investing in the VC space is much less clear. According to a recent report published by AgFunder – a VC and investing marketplace focused ...

Presto raises $30M to bring its AI platform and tabletop ordering hardware to restaurant chains

The “restaurant of the future” may elicit thoughts of a chrome diner with robot servers and an otherwise hefty amount of Tokyo futurist kitsch, but the fact is that the forthcoming sit-down dining experience may just end up looking a lot like ordering from a takeout app. Presto is working with restaurants to update the ...

As shared kitchens heat up, a China-based startup, Panda Selected, nabs $50 million led by Tiger Global

A few weeks ago, we told you that former Uber CEO Travis Kalanick looks to be partnering with the former COO of the bike-sharing startup Ofo, Yanqi Zhang, to bring his new L.A.-based company, CloudKitchens, to China. Kalanick didn’t respond to our request for more information, but according to the South China Morning Post (SCMP), his ...

Impressive champagne saber fail at Michelin-starred restaurant

Below is New Year's Eve video of Michael Minnillo, general manager of Yountville, California's legendary French Laundry restaurant attempting a dramatic saber opening of a $2,000 bottle of Billecart-Salmon brut.

French Laundry disinfecting their kitchen floors for the new year with some questionable technique from r/wine

(r/wine) Read the rest

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The limits of coworking

It feels like there’s a WeWork on every street nowadays. Take a walk through midtown Manhattan (please don’t actually) and it might even seem like there are more WeWorks than office buildings. Consider this an ongoing discussion about Urban Tech, its intersection with regulation, issues of public service, and other complexities that people have full ...

Amazon closes its restaurant delivery service in London

Amazon is shutting down its two-year-old restaurant delivery service in London, according to a report by the Evening Standard, which an Amazon spokesperson confirmed. Customers were sent emails which informed them of the change, saying they would no longer be able to order from Amazon Restaurants UK after Monday, December 3rd, the report said. The ...

The Yogi Bear Graveyard

The Yogi Bear Graveyard was a short-lived accidental tourist attraction in North Carolina. After Yogi Bear's Honey-Fried Chicken restaurant chain dwindled to just one location, the owners sold all the fiberglass statues of Yogi, Boo-Boo, Cindy, and Ranger Smith to a local Jellystone Park campground. After that failed, the statues were dumped behind a ...