Ted Xenohristos

6 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 27, 2023 by Ted Xenohristos · said 2 times in 1 episodes since 2024 · across every show →

On the record as a speaker too: Ted Xenohristos's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Ted Xenohristos, oldest first

Nov 27, 2023
Assertion Not checkable as stated
CAVA funded unprofitable dips retail business using restaurant profits
“So the restaurants were making profit. The dips, of course, were not. We were funding those with the restaurant profit, but, you know, we were starting to see the light at the end of the tunnel coming out of that whole economic collapse of oh, eight, oh nine.”
Ted Xenohristos Nov 27, 2023 ▶ 40:53 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023
Assertion Not checkable as stated
Xenohristos: Initial Cava loan collateral was worth less than loan amount
“Well, there was no collateral except for the restaurant itself, so there was a lien on the restaurant, which, like I said, I mean, we built that place for 10 grand, so the collateral's Less than the loan was gonna be, so.”
Ted Xenohristos Nov 27, 2023 ▶ 20:41 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023
Disclosure
Xenohristos: CAVA founders maxed personal credit cards for first lease
“We took all our credit cards, our personal credit cards, and we just pulled money off them. Withdrew cash. We, Basically maxed them out and we were able to come up with that, that money to pay the landlord off.”
Ted Xenohristos Nov 27, 2023 ▶ 12:48 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023
Assertion Not checkable as stated
CAVA founders underpriced early menu items by forgetting ingredients shrink when cooked
“We were bringing an octopus and let's just say the octopus weighed 40 pounds. We would divide that by the ounces that we served, and we were like, great, we can serve octopus for six bucks. Well, we didn't take into account that once we cooked that octopus off…”
Ted Xenohristos Nov 27, 2023 ▶ 25:33 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023
Assertion Not checkable as stated
CEO Brett Schulman warned CAVA's founders against giving him 25% equity
“I remember, you know, to his credit, he looked at me and he actually told me that that was, that's actually a bad decision. That's bad. You know, he's trying to give me good, good advice as a business partner already. Like, that's not a good thing to just give…”
Ted Xenohristos Nov 27, 2023 ▶ 40:01 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023
Assertion Not checkable as stated
CAVA founders built their first restaurant location for around $10,000
“But I'm telling you, we built this thing for right around like 10 grand.”
Ted Xenohristos Nov 27, 2023 ▶ 15:32 CAVA: Ted Xenohristos and Brett Schulman
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