Middle spoon speed dating

27-Mar-2019 21:21

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With competitors like Sprig, it’s a challenging arena for us, given the amount of capital we raised.We raised about million but were competing with services that have a little more capital.” Rather than being sour, Hsiao graciously said he believes in Sprig and its “long-term value for customers.” Many conveniencetech startups have suffered hard times since a public and late-stage market correction hit this year: India’s Ola shut down its on-demand food delivery service; Zirx is moving away from on-demand valet; and other services, like Good Eggs grocery delivery, have been forced to implement layoffs and scale back from new markets.While it’s tempting to think everything you buy or do could be made easier with an app, the economics are a lot tougher than many would assume.

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The startup found an unnamed quick-service restaurant (QSR) chain to acquire it, Hsiao tells me.[Update: Co-founder Steven Hsiao confirmed Spoon Rocket’s shut down.

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