Coffee Shop
topic on 4 shows · 9 statements across 5 episodes
the Pitch
the Startup Ideas Podcast
WTF is with Nikhil Kamath
the a16z Podcast
9 statements about Coffee Shop, every show
Manus: Coffee shop communities form around the destination, not the coffee
“There's community formed in coffee shops organically, but I think, and I might be wrong, that's really not around the coffee, but it's around just the place, the destination.”
Reddy: Good coffee and food will become bare minimum for cafes
“Having a good coffee and good training is, and even good food is going to become the bare minimum.”
Kamath: 15-year-olds will spend more time and money in cafes than nightclubs
“Like a fifteen-year-old today in three years is much more likely to spend time in a coffee shop versus a nightclub and spend more of his money there.”
Chitharanjan: Record coffee bean prices only add 2–3 rupees per cafe cup
“In a coffee shop, even now, coffee prices are at a 50 year high right now. You know, add two, three rupees to the cost of a cup of coffee. So it's very easily absorbed in a coffee shop. In a packet of coffee, it's not very easily absorbed.”
Chitharanjan: 1,000 sq ft is the optimal coffee shop footprint
“2000, the capex becomes too large to fit it out. And the incremental revenue is not justifying the increase in rent as well. Below 800, then tables become occupied, and people don't want to wait for a coffee shop, though. If they see it's full, they'll just go…”
Chitharanjan: General restaurants cannot effectively drive specialty coffee discovery
“You rely too much on the person who's brewing it. Yeah. And in most places, coffee is seen as a, okay, I invested in the machine, any random person can make the coffee, they're not gonna put the same care and effort that a coffee shop would.”
Toronto: Event Hosts Can Secure Free Venues Through Coffee Shop Partnerships
“Host and have a destination. You don't have to own it. I mean, you know, you could have an agreement with a coffee shop or something that where you can host things for free as long as you bring folks in and just to have the ability to be the host and have a de…”
Kamath: Indian coffee shops suffer financially because customers linger for hours
“The difference between the West and India is in the West, people are going into a coffee shop to actually drink coffee. The culture of buying a coffee and walking, especially in New York, is such a big thing that the financials work out for them. Here, if you …”