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May 23, 2015 09:00 pm GMT
Is there a “Food Bubble”? Robyn Metcalfe believes so. In her recent TechCrunch editorial she pointed to recent fundraises by Instacart and Delivroo—reportedly demanding valuations of $2 billion and $100 million on revenues of ~$100 million and $1 million, respectively—as evidence that the kind of irrational exuberance so often found in tech is seeping into food investmen Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rK5tRwxoF3E/
A Food Bubble? Not So Fast
Is there a “Food Bubble”? Robyn Metcalfe believes so. In her recent TechCrunch editorial she pointed to recent fundraises by Instacart and Delivroo—reportedly demanding valuations of $2 billion and $100 million on revenues of ~$100 million and $1 million, respectively—as evidence that the kind of irrational exuberance so often found in tech is seeping into food investmen Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/rK5tRwxoF3E/
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