The Signs That Have Us Thinking Toast Is in Trouble Jordan Thaeler with Reforming Retail writes about the financial side of restaurants, and with a lot of numbers to back him up. We highly recommend. Toast has dominated the restaurant industry over the past decade thanks to amazing tailwinds (free capital, torpidity from top competitors, a mostly-useless reseller… Read More »
Olo Review — Should Toast Snap Them Up? Olo is an interesting company and lately there have been smoke signals that maybe it is time to cash in. That is the usual desired outcome. But consider its competitors: Toast, PAR, DoorDash, Square, Oracle, and yes, even NCR. And then the cautions coming from McDonalds and Wendy’s that sales are slowing significantly. McDonald’s reported… Read More »
Exposing Olo Part 4: The Litigations Article discussing and analyzing the class settlement for Olo. Who is Olo? Olo Inc. is a Software as a Service (SaaS) company that provides a platform for restaurants to manage online ordfers, delivery services, and customer engagement. Founded in 2005, Olo has transformed the way restaurants handle their digital operations, offering features like online ordering, delivery management, and customer engagement tools “Exposing Olo Part 4: The Litigations” on Reforming Retail discusses the class action lawsuit against Olo Inc. The lawsuit alleges that Olo, its founder and CEO Noah H. Glass, and CFO Peter J. Benevides made false and misleading statements… Read More »
Restaurant POS News Nice article from Reforming Retail — recommended The enterprise segment of the US restaurant market (we’re defining as > 200-location brands) has few players. Long sales cycles, demanding customers, and impossible delivery given the paltry amount restaurants pay for fuck-all make this a futile market to serve. But hey, who are we to poke fun… Read More »
