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Once considered a Louisiana success story, this company is now weighing bankruptcy
Posted on 4/1/24 at 12:09 pm
Posted on 4/1/24 at 12:09 pm
R.I.P. WAITR, I kinda forgot this existed.
LINK
quote:
“After 15 years of dedicated service, we’ve made the tough decision to cease operations,” a statement on ASAP’s website reads. “We write to you today filled with gratitude for your unwavering loyalty and support throughout our journey.”
quote:
Waitr Holdings Inc., the parent company of ASAP (formerly Waitr), is considering bankruptcy, according to a Form 8-K filed with the U.S. Securities and Exchange Commission on Monday morning.
On Friday night, the Lafayette-based food ordering platform announced it had ceased operations with respect to carry-out services. The company had already ceased delivery services on Feb. 13, according to federal filings.
Waitr Holdings Inc. is now “evaluating its options, including commencing a case under the U.S. Bankruptcy Code,” an item on the Form 8-K reads.
LINK
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Posted on 4/1/24 at 12:10 pm to HenryParsons
Who doesn’t want to pay double for a takeout order then give 20% to the driver?
Posted on 4/1/24 at 12:13 pm to bad93ex
Exactly, the take out and delivery thing went a bit too far.
Posted on 4/1/24 at 12:14 pm to bad93ex
quote:
Who doesn’t want to pay double for a takeout order then give 20% to the driver?
I harshly judge people that use these services. There are special cases, such as a business working lunch that I can understand, but if you’re paying double for cold take out (especially fast food) then you need to address your own laziness and poor money management.
Posted on 4/1/24 at 12:15 pm to HenryParsons
Between fees, tips, and my food arriving with poor quality the idea was a lot better than the execution.
I used food delivery probably 3 times before I got tired of dealing with it.
I used food delivery probably 3 times before I got tired of dealing with it.
Posted on 4/1/24 at 12:16 pm to HenryParsons
They had a carry out service? Who the hell would pay for that when you can use the restaurant App or call an order in for pick up?
Posted on 4/1/24 at 12:16 pm to bad93ex
quote:who is delivering in a 2009 toyota camry with dents and an obnoxious cigarette/weed smell?
Who doesn’t want to pay double for a takeout order then give 20% to the driver?
Sign me up
Posted on 4/1/24 at 12:18 pm to supadave3
quote:
I harshly judge people that use these services. There are special cases, such as a business working lunch that I can understand, but if you’re paying double for cold take out (especially fast food) then you need to address your own laziness and poor money management.
During Covid one of my vendors sent us all Door Dash gift cards for a remote lunch meeting. I saw the price of having it delivered and changed it to pickup. I couldn't even do it with other people's money
I had enough left on it to pickup dinner for my family a few days later.
Posted on 4/1/24 at 12:19 pm to HenryParsons
Expensive...and you can't guarantee they wont frick up your order equals them going out of business.
Posted on 4/1/24 at 12:20 pm to HenryParsons
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 on 4/1/24 at 12:20 pm to HenryParsons
Looks like the start of a video I’ve seen
This post was edited on 4/1/24 at 12:21 pm
Posted on 4/1/24 at 12:24 pm to KamaCausey_LSU
The dude who started it sold out for about 400M, so I would say that it pretty successful.
Posted on 4/1/24 at 12:25 pm to HenryParsons
The founder got paiddd though
Posted on 4/1/24 at 12:25 pm to supadave3
quote:
I harshly judge people that use these services. There are special cases, such as a business working lunch that I can understand, but if you’re paying double for cold take out (especially fast food) then you need to address your own laziness and poor money management.
I’ve seen plenty of twenty somethings use services like Door Dash consistently because they simply don’t want the inconvenience of having to go get the food themselves. At the same time, they whine constantly about being unable to pay their bills on the incomes that they have.
Posted on 4/1/24 at 12:26 pm to KamaCausey_LSU
quote:
then the delivery boom from Covid
Investing in them in Feb 2020 would have netted a pretty penny if cashed out timely
Posted on 4/1/24 at 12:27 pm to HenryParsons
Most times, reality and idealism never work together.
Posted on 4/1/24 at 12:31 pm to HenryParsons
quote:
R.I.P. WAITR
Inflated prices and shitty customer service rarely equate to longevity unless you can have a monopoly on something.
Posted on 4/1/24 at 12:32 pm to HenryParsons
Chris Meaux took that Fertitta money to the bank!
Posted on 4/1/24 at 12:33 pm to Sunnyvale
quote:
Most times, reality and idealism never work together
Ah, come visit the world of public education. That statement spot on describes how most of their policies work out in the end.
Posted on 4/1/24 at 12:34 pm to HenryParsons
Wasn’t Drew Brees involved with this shitshow at one point?
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