Black people need to start learning how to make and sell Pizza.
- Thread starter Luken
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https://www.bizjournals.com/sanjose...view-robotic-pizza-maker-s-funding-cooks.html
Mountain View robotic pizza maker’s funding cooks up $2.25B valuation
By Cromwell Schubarth – TechFlash Editor, Silicon Valley Business Journal
Nov 2, 2018, 7:14am PDT Updated Nov 2, 2018, 10:42am
Silicon Valley's newest unicorn is Zume Inc., thanks to a huge round of funding led by SoftBank Group that reportedly values the pizza-delivery and food-logistics business at more than $2 billion.
That's a big leap for the three-year-old Mountain View company whose value was pegged at just $170 million last year.
Zume said in a regulatory filing on Thursday that it raised $375 million through a single investor, which the Wall Street Journal said is SoftBank. The Journal also cited an unnamed source who said the Japanese tech giant is expected to invest another $375 million in the company through a second tranche in the future.
There has been some concern lately about SoftBank's reliance on Saudi Arabia for nearly half of the funds in its huge Vision Fund. But deals like this one appear to show that it will continue to be able to place outsized bets on Silicon Valley companies
SoftBank has also been involved in other food delivery businesses in the area. It was part of a $535 million investment round earlier this year in DoorDash Inc. and has backed its rival, UberEats, through a multibillion-dollar investment in Uber Technologies Inc.
Zume made a splash with its robotic pizza preparation system that it hopes to expand to make other types of food delivery more efficient by partly making it while in transit. It hopes to make money by getting its platform adopted by others in the food business.
The company previously raised about $70 million, according to PitchBook Data, from investors who include Maveron, SignalFire and Yahoo co-founder Jerry Yang's AME Cloud Ventures.
Mountain View robotic pizza maker’s funding cooks up $2.25B valuation
By Cromwell Schubarth – TechFlash Editor, Silicon Valley Business Journal
Nov 2, 2018, 7:14am PDT Updated Nov 2, 2018, 10:42am
Silicon Valley's newest unicorn is Zume Inc., thanks to a huge round of funding led by SoftBank Group that reportedly values the pizza-delivery and food-logistics business at more than $2 billion.
That's a big leap for the three-year-old Mountain View company whose value was pegged at just $170 million last year.
Zume said in a regulatory filing on Thursday that it raised $375 million through a single investor, which the Wall Street Journal said is SoftBank. The Journal also cited an unnamed source who said the Japanese tech giant is expected to invest another $375 million in the company through a second tranche in the future.
There has been some concern lately about SoftBank's reliance on Saudi Arabia for nearly half of the funds in its huge Vision Fund. But deals like this one appear to show that it will continue to be able to place outsized bets on Silicon Valley companies
SoftBank has also been involved in other food delivery businesses in the area. It was part of a $535 million investment round earlier this year in DoorDash Inc. and has backed its rival, UberEats, through a multibillion-dollar investment in Uber Technologies Inc.
Zume made a splash with its robotic pizza preparation system that it hopes to expand to make other types of food delivery more efficient by partly making it while in transit. It hopes to make money by getting its platform adopted by others in the food business.
The company previously raised about $70 million, according to PitchBook Data, from investors who include Maveron, SignalFire and Yahoo co-founder Jerry Yang's AME Cloud Ventures.
Kyle C. Barker
Migos VERZUZ Mahalia Jackson
call_me_step_daddy
Real nikkaz,beat bytches
in Chicago, "Italian Fiesta" is considered black people pizza 
IJS
IJS
UberEatsDriver
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- Brooklyn keeps on taking it.
New York, Jersey and Chicago nikkas should have been on this wave.
Anyone know of any black owned pizzerias in NYC?
NYC especially. I feel like back in the 90s when you could get “real” pizza at many places, we ate pizza all the fukking time. And it’s like the menu/ingredients are numerous like a Hispanic food restaurant. The $ being made off of the after school crowd alone is guaranteed.
UberEatsDriver
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yes.
cutsandslicesnyc at 93 Howard Avenue, Brooklyn, NY.
I made a thread about them recently.
Good looking. Hopefully I can find one in the Bx or Harlem
theworldismine13
God Emperor of SOHH
anybody that wants to buy a pizza shop or any other type of business check out
BizBuySell - The Internet's Largest Business for Sale & Franchise for Sale Marketplace or Buy A Business, Own A Business - Vested Business broker - VestedBB.com for their business listings
Also anybody with a 680 can get $200,000 business acquisition loan from here Small Business Funding From The Finance Factory they also have other types of business loans
there are other avenues of course but thats the ones im dealing with
BizBuySell - The Internet's Largest Business for Sale & Franchise for Sale Marketplace or Buy A Business, Own A Business - Vested Business broker - VestedBB.com for their business listings
Also anybody with a 680 can get $200,000 business acquisition loan from here Small Business Funding From The Finance Factory they also have other types of business loans
there are other avenues of course but thats the ones im dealing with
Its several black owned pizza joints here where I'm from.