restaurant
also referred to as: restaurants
5 statements across 4 episodes · 1 bullish · 1 bearish · 3 people on the record · first statement Jan 2, 2019 by Peter Thiel · across every show →
Everything said about restaurant, oldest first
Jan 2, 2019 negative
Jan 2, 2019 positive
Jeff Jordan: OpenTable bootstrapped its marketplace by selling software to restaurants
“OpenTable was an example of that. Early on, we sold tools because we needed to digitize the restaurant's inventory. Our entry strategy to get the restaurant, because we didn't have a network when the company started, was to give them tools. Once they had the t…”
Jan 2, 2019
Jordan: OpenTable bootstrapped by selling $200 standalone restaurant software
“They build a suite of tools that they charge 200 dollars for and laboriously rolled out one restaurant at a Time throughout, you know, the country that had enough utility that a restaurant was saying, okay, I'll adopt that in the absence of a network.”
Aug 3, 2023