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re: Once considered a Louisiana success story, this company is now weighing bankruptcy

Posted on 4/1/24 at 12:20 pm to
Posted by KamaCausey_LSU
Member since Apr 2013
14699 posts
Posted on 4/1/24 at 12:20 pm to
quote:

Once considered a Louisiana success story

Was it though? If not for a buyout from Tillman Fertitta and then the delivery boom from Covid; Waitr would have shut down years ago.

Even with these things, they've been on life support as a company for a few years.
Posted by cajuntiger07
Down DA Bayou
Member since Jan 2009
4401 posts
Posted on 4/1/24 at 12:24 pm to
The dude who started it sold out for about 400M, so I would say that it pretty successful.
Posted by MikeD
Baton Rouge
Member since Jan 2004
7321 posts
Posted on 4/1/24 at 12:26 pm to
quote:

then the delivery boom from Covid


Investing in them in Feb 2020 would have netted a pretty penny if cashed out timely
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