Restaurant management firm Toast is preparing for a stock market debut that could value it at $US20 billion. The company could also consider a sale, or a merger, with a blank-check company, the WSJ said. Toast has tapped Goldman Sachs and JPMorgan to underwrite a potential stock-market listing this year. […]
The Boston-based company could examine other options such as a sale or merger with a SPAC, but there are no certainties.
Joseph Essas is the Chief Technology Officer of OpenTable and an Orthodox Jew who only eats kosher food. Out of the 55,000 restaurants on OpenTable, Essas estimates only 30 of them are kosher. Essas told Insider that not being able to use the services of the company he works for […]
A new report from the New York Times said staff-free virtual restaurants that only cater to delivery apps are on the rise. Third-party apps are expensive for restaurants to maintain due to high commission fees, so reducing headcount could save businesses money. Many restaurants have pointed to minimum wage hikes […]
In a Twitter thread Thursday, Tock founder and Chief Technology Officer Brian Fitzpatrick shared one of his top pieces of advice for booking a table at a busy restaurant: make a reservation for four instead of two. Tock is an online reservation management platform that also offers guests and table […]
If you’ve ever been put in charge of making dinner plans for a large group of people, you know the difficulty of navigating food allergies and picky preferences to settle on an option that everyone – or at least the majority – can agree on. But with a new group […]