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I am confident funding will not be a problem for Dish. Aidan has spoken about non dilutive funding and it has been stated in more than one recent RNS. Aidan also purchased shares at 3.6p just before lockdown, whiles’t in the process of engaging with a tech fund in regards to future funding for the business. If he was in any doubt I am sure he wouldn’t have made that recent share purchase, along with another director of the company. Good things to come imo.
Rajeev Misra, the chief executive of the colossal SoftBank Vision Fund, has revealed the three main areas he’s looking to make investments during the coronavirus pandemic.
Armed with billions of dollars, Misra told the virtual Founders Forum tech conference on Thursday that the Vision Fund is on the hunt for start-ups focusing on food delivery, digital healthcare, and virtual learning.
The former Deutsche Bank executive said these fast-changing segments are where the Vision Fund has been “putting dollars to work” during the last few months.
“The rate of technological change that was already there has just gone more rapid,” said Misra. “We’re trying to assess new changes in human behavior.”
Food delivery
On food delivery, Misra said he’s not just interested in backing start-ups that deliver takeaways from restaurants to people’s homes. He believes that “the way we eat” is fundamentally changing and he said the Vision Fund is interested in the “whole stack” when it comes to food delivery.
“The whole food ecosystem, not just delivering food but, delivering groceries, cooking the food in (dark) kitchens, is going to change,” he said.
Dark kitchens: Where does your food delivery really come from?
Dark kitchens prepare food away from restaurant premises specifically for takeaways. “It’s about converting parking lots into kitchens,” Misra said.
The Vision Fund is the largest shareholder in food delivery firms DoorDash and UberEats. It’s also “heavily invested” in a Chinese food delivery company called Ele.me, which is owned by Alibaba
Aidan did say in the podcast all restaurants will be contacted one by one to check if they have reopened and if they want to continue with Bigdish......
That will take time to do and i expect more restaurants should come back online soon...
some will quite possibly not reopen or want to continue with bigdish....
so lets see...
Art why don't you read the RNS if you're truly interested about pointing facts (at the moment none posted by art so far)? Then again... could be quite difficult taking all that information in, being so extensive (as you tend to only stick to limited information) or you could have a listen to the share talk interview? I can appreciate both sides whether it's negative or positive being constructive...but your previous post states after so long coming back to this board, you wouldn't invest again....so why now come on the board to state pointless and utter nonsense? Curtains closed? Really. Please read the RNS lol ??
11% more restaurants than yesterday (thanks Art). Do that every day and Dish will be back on track in no time.
Hi Art, do you really think people like Paul Scott are investing all this money on a whim? T
60 restaurants from 650. Oh dear. Maybe the correct share price is 0.45p!!!
And 30 of the 60 still listed aren't offering either seats or discounts and the rest, I believe, are being listed for free by Big Dish. Not to worry there wasn't much revenue anyway. With the company burning through £2 Million per year £20K/£30K revenue was never going to make much difference.
Tanya7 is another beebopalula - maybe she is beebopalula. She certainly ramps like he did. But then even he lost eventually and disappeared - as will Big Dish at some stage just like Big Dish Asia. The App/website will not be updated and then they'll just close down one day and no-one will ever hear anything from them again - or miss them for that matter. Curtains.
6 locations and 60 restaurants - though it's actually only 5 locations as Poole and Bournemouth are generally listed together. Of the 5 locations, 4 of them begin with 'B' - who remembers that one!!.
Of the 60 on today, 18 are offering 0% discount while 12 are 'No seats available' and won't even let Big Dish take a booking for them at full price.
No sorry it's curtains here I'm afraid. No hope.
I see that they have got the 0% discount deals available now. That looks exciting and is bound to bring in the punters. Never mind at least I suppose it guarantees that they will manage to get a table.
My app seems to have disappeared on my phone - not too sure where it's gone - so I have been on the Big Dish website instead and I see there are now just 60 restaurants listed.
Oops 650 to 60 - that's quite a fall. Will they ever be back? certainly not without taking a considerable time to ask/beg or even - as I seem to remember them saying in the last RNS - by offering the Big Dish service for free.
Looks like it's curtains here I'm afraid.
Tom's been good to me of late - though it was TomCo Energy rather than Tom Sumner.