Why Your Favorite Restaurant Struggles
In Part I of our series, we wrote about the “Winner-Takes-All” strategists and how they fuel their company’s growth with venture capital to acquire market share at any cost. Will they be able to sustain their strategy now that venture capital is drying up? No, they won’t. In fact, they’ll need to turn a profit by increasing the cost of their service, which is unsustainable for restaurants. Let us explain!