A number of start-ups and major tech companies like Microsoft, Ticketmaster, Apple, and Google are interested in vaccine or immunization passports to help reopen the economy. But public health officials are weary, warning the apps are pointless without more knowledge about the efficacy of the vaccines. Watch the video above to learn more about digital vaccine verifications and how you could possibly prove your immunity to coronavirus before attending an event or entering a building.
The LEGO brick may not look like much but it is the cornerstone of the $38.5 billion Danish company. Today, LEGO’s blockbuster portfolio includes collaborations with The Beatles, Star Wars, and Frozen, a mega-hit movie franchise and 8 LEGOland theme parks. A toy that was once thought of for little boys is seeing its largest growth coming from girls and adults. But in the early 2000s, the company made several missteps and came extremely close to declaring bankruptcy. Here’s how LEGO reclaimed its status as one of the most successful toy companies in the world.
On January 6th, Rioters stormed the U.S. capitol building to overturn the results of the 2020 presidential election. These events were inspired by President Trump and organized and promoted on the platforms of publicly traded companies, most notably Facebook and Twitter. To avoid further violence, those companies, and then many more thereafter including YouTube, banned or blocked President Trump’s access to the megaphone they provide. This exposed a major flaw in the business model of many social media platforms: share first, think later. Tech experts Chamath Palihapitiya, Roger McNamee, Chris Kelly and Dick Costolo all predict major changes coming in the social media landscape and Section 230. Watch the video to find out how big tech may be forced to change.
Ghost kitchens are kitchens designed for delivery-only businesses, without dine-in areas or customer facing storefronts. The pandemic has ravaged dine-in eateries, and companies that have focused on delivery could come out on top if the current trends continue. Watch the full video to see why ghost kitchens are taking over the restaurant industry.
Here are some of the top Ghost Kitchens:
With a $10 million dollar investment from Google Ventures, Kitchen United has been one of the leanest (and fastest-growing) startups in the space. Founder Jim Collins has turned down hundreds of millions of investment dollars to focus on growing more organically. Currently, Kitchen United plans on conquering the global restaurant space — with 5,000 kitchens planned in the next four years.
All in all, Kitchen United offers a turn-key, light-capital model, delivering a complete, code-safe kitchen replete with appliances and cooking implements. All that’s left to do is to…cook.
The fastest-growing and most investor-friendly ghost kitchen startup, CloudKitchens, has already taken in over $400 million from investors. $150 million interestingly invested by its founder (former Uber superstar) Travis Kalanick. Like Kitchen United, CloudKitchens offers fully-equipped kitchens (branded as “smart kitchens”) for the delivery-only model. Honestly, you can’t ignore a project that Travis is a part of.
Another not-so-surprising entry into the ghost kitchen space is DoorDash, which has already premiered locations in San Francisco and Redwood City. Currently, DoorDash’s model is focused on catering to high-delivery areas for established brands like Chic-Fil-A, but we’re sure they have plans in the works for new locations, as well.
For the time being, DoorDash Kitchens is still in the experimentation phase, with only a few locations. And, like others on this list, it provides everything a restauranteur would need for a single monthly fee.
For the moment, we’ll set aside the possible conflicts associated with Uber’s ex co-founder Travis Kalanick — who’s also operating CloudKitchens. We’re sure that bridge will need crossing at some point if Uber expands its operations. For the time being, the ridesharing company has been keeping a low profile in the ghost kitchen space. To date, it has been testing ghost kitchens in a few markets, though it remains curiously reluctant to share the delicious details pertaining to its Paris operations.
Virtual Kitchen Co.
Another new entry is Virtual Kitchen Co. — which already operates several successful ghost kitchens. They plan to open 15 more kitchens over the next few years, driven by $15 million dollar Series A. Again, Virtual Kitchen Co. offers a similar pricing structure: Restaurants can pay a monthly fee for everything.
The one small difference here is that Virtual Kitchen Co. seems to be targeting existing restaurants that want to enter the delivery space.
The average American spent $1,218 for cell phone service in 2019. That comes out to just over $100 per month. Check out the video to find out why you may be paying so much for your phone service and what you can do to save some money.
Americans collectively have more than five billion items sitting at home that they no longer use, according to a 2019 survey by online marketplace Mercari. One-click shopping and the globalization of overseas manufacturing has made it easier than ever for consumers to acquire goods. According to the Self Storage Association, an industry trade group, more than 10% of households in the U.S. rented a self-storage unit in 2020, 18% more than in 2005. The self-storage industry has continued to outperform during the pandemic, with several companies reporting strong occupancy and healthy demand, according to the research site Yardi Matrix. But with headwinds threatening the economy will self-storage companies like Public Storage and Extra Space Storage be able to maintain their momentum? And what will new disruptors like Neighbor and Clutter mean for the future of the industry?
The US is facing an aging population, falling birth rate and economic recession caused by the coronavirus pandemic. These issues will have huge implications on the size of the workforce and the consumer base. Watch the video to find out why America could be confronting an underpopulation problem and what business leaders and policymakers can do about it.
A lot things went wrong in 2020. And presidential polls were no exception. Joe Biden was supposed to win the 2020 presidential by eight points, according to the polls, which were wrong. He won by five points. He was supposed to win Wisconsin by 10 points. Instead, Biden eked out a victory there with less than 1 percent of the vote between him and incumbent President Donald Trump. The polls were very wrong in Wisconsin. The polls also had Biden winning Florida. And North Carolina. Here’s why the polls ended up missing the mark in 2020, and what’s being done about it.
Major U.S. airlines like American Airlines, United and Delta have stepped up to become a crucial part of the vaccine delivery supply chain alongside logistic giants like UPS, FedEx and DHL. Even though it’s only one part of the journey, it’s a critical one. DHL and McKinsey estimate vaccinating the world will require up to 15,000 flights.
Walmart, America’s largest grocer, launched a primary care clinic called Walmart Health, in September 2019. Analysts say the big box retailer faces several hurdles in its quest to scale up nationally with a roster of highly paid doctors and dentists. But with more than 35 million people uninsured as of 2019, and millions more with high deductible health plans, could Walmart Health’s low price point be the future of healthcare in America?