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Wonder is acquiring Grubhub

about.grubhub.com

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Re: Wonder is acquiring Grubhub

#91

Post by madamelic »

afavour wrote: post #60

Silly money, behaving stupidly. I feel for the restaurant owners: not only were they forced into accepting the likes of Grubhub as a middle man, that same middleman now also owns restaurants that compete directly with them. If the restaurants have any power at all they should stop using Grubhub right now. I don’t know anyone still using it (which is crazy, Seamless used to dominate NYC). I sincerely hope the entire t…

I stopped using Seamless when the corner sandwich shop went from $15 on an $8 sandwich to $25.

It made my blood boil when the receipt had 3 different fees before we even got to the tip.

Re: Wonder is acquiring Grubhub

#93

Post by ihuman »

timnetworks wrote: post #86
afavour wrote: post #60

Silly money, behaving stupidly. I feel for the restaurant owners: not only were they forced into accepting the likes of Grubhub as a middle man, that same middleman now also owns restaurants that compete directly with them. If the restaurants have any power at all they should stop using Grubhub right now. I don’t know anyone still using it (which is crazy, Seamless used to dominate NYC). I sincerely hope the entire t…

I refuse to use GrubHub and not only because it makes a $12 sandwich into a $22 sandwich, but also because small business needs cash. If you're tipping $2.37 on your credit card, kick bricks.

I thought the tips go to the delivery person, not the restaurant?

Re: Wonder is acquiring Grubhub

#96

Post by JumpCrisscross »

zemo wrote: post #78
JumpCrisscross wrote: post #68

Earlier quoted context omitted.

> Both companies are private, so neither has a "market cap" Private companies have shares. Given a per-share price, you can get a market cap. For a company with debt, like GrubHub, enterprise value is a better metric.

> Given a per-share price how do you know the per-share price

> how do you know the per-share price

Same way you do for a public company. From trades and valuations. Private shares exchange hands in private transactions as well as almost every time the company raises money. If a company issues incentive stock options, they're required to calculate a 409A price, which while a bullshit number, is indeed a per-share price.

Corporations, by law, have shares.

Re: Wonder is acquiring Grubhub

#97

Post by bunderbunder »

pfdietz wrote: post #84
khy wrote: post #54

Earlier quoted context omitted.

A Wonder just opened near my house, and the "different restaurants" seem to really be just different sections of a large menu with distinct branding. I.e., there is a single physical kitchen that makes food from the different "restaurants".

There are a bunch of "restaurants" in our town that are just different menus serviced at the same ghost/cloud/dark kitchen. The quality is generally not good. I wonder about the quality at Wonder -- the broader the menu, the harder it is for the preparers to get good at it.

I'm thinking here of an Indian place near my office that graduated from ghost kitchen to food hall restaurant. I had their food both before and after, and the difference was night and day. I actually didn't want to try the food hall version, based on my experience with their ghost kitchen incarnation. But a friend convinced me to give them another chance, and now they're one of my favorite places for when I want to splurge on lunch.

I don't really know what the difference is, but I'm guessing it's that they didn't get to have a kitchen setup that was well adapted to their menu at the ghost kitchen.

Re: Wonder is acquiring Grubhub

#98

Post by throwup238 »

nonameiguess wrote: post #90
geor9e wrote: post #46

This part feels like The Onion. 30 private taxis coordinating for your meal. "customers can order from upwards of 30 restaurants in a single order, with each item being made-to-order in a sequenced fashion so that they finish simultaneously and can be delivered to the customer together."

Upon seeing this, I first thought "a bread company is buying Grubhub?" Then I clicked the article and realized no, this is a different company I've never heard of, apparently because they're only located in five US states all in the northeast nowhere near where I live. As others have said, they appear to have physical locations and you can even go eat in person there, and they don't pick up food from 30 different res…

Microsoft cafeterias manage it by just contracting out most of the stations to local restaurants. They provide the trained staff and get a consistent revenue stream in return. They’ve even got a local celebrity chef branded restaurant in the executive building (34) with a 3 course fixed price menu. It’s not a single kitchen per se, but the equivalent is commercial kitchens that are all over the place with multiple clients sharing the space simultaneously. This just adds online ordering and centralized management.

Re: Wonder is acquiring Grubhub

#99

Post by deprecative »

pie420 wrote: post #42
deprecative wrote: post #27

Earlier quoted context omitted.

We say shopping at Whole Foods, Walmart, and Kroger.

no, we don't. if we're not mindless little drones we stopped shopping there a long time ago, don't lump us in with yourself

Someone's defensive about a statement of the American populace.

Re: Wonder is acquiring Grubhub

#100

Post by deprecative »

pkilgore wrote: post #61
deprecative wrote: post #27

Earlier quoted context omitted.

We say shopping at Whole Foods, Walmart, and Kroger.

What point are you trying to make? Seems like a failure of government to enforce monopolization laws than individual consumers.

Consumers are voters.
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