The Daily Valet. - 12/1/21, Wednesday
✔️ The Trouble With Ghost Kitchens
Wednesday, December 1st Edition
I really want some vintage movie merch.
Cory Ohlendorf , Editor ⋯ @coryohlendorf
Today’s edition is presented by
Today’s Big Story
The Trouble With Ghost Kitchens
A great idea in theory, but the reality is a messy business
Nearly a year ago to the date, Eater published a story announcing ghost kitchens—those delivery-only restaurants which have proliferated during the pandemic—the “wave of the future.”
Call them what you will—virtual brands, cloud or ghost kitchens—these concepts which cater solely to food delivery services, like Uber Eats and DoorDash, are thriving. Euromonitor, a market research firm, estimates that they could be a $1 trillion business by 2030.
Which explains why they’re attracting high profile backers, such as Uber founder Travis Kalanick. But they can also be incredibly hard to run and come with a whole host of problems.
The Wall Street Journal looked into Reef Global, a ghost kitchen company that has been dealing with a variety of issues. Everything from cooks with third-degree burns to local regulatory violations.
This mayhem gets a little less unsurprising when you realize that Reef actually didn’t start out in the food business. According to the Journal's reporting, Reef originally sought to transform portions of parking lots into trailer-filled parks that contain different service areas. After receiving $1.2 billion in funding from SoftBank, it bought out two parking lot management companies, becoming “the largest parking-lot network in North America.”
According to Axios, the companies have some serious obstacles to overcome before they become the cash cows Silicon Valley venture capitalists are betting they will be. After all, the food business is typically defined by low profit margins and modest growth. Despite all the problems, more and more businesses want in. Burger King, Popeye’s and Wendy’s have all recently signed deals with Reef. Which means if you get your food delivered from some of these locations, you won’t even know it came from a poorly-run trailer.
↦ FYI: The strangest ghost kitchen? Pasqually’s Pizza & Wings, which is actually run by Chuck E. Cheese.
A Government Shutdown Looms
Lawmakers are scrambling to pass a continuing resolution ... again
On Friday, the government will run out of money again for its operations. A reminder of how we got here: Congress is supposed to fund the U.S. government each year by Oct. 1, which is when a new fiscal year starts. It didn't do that this fall.
But as the Washington Post points out, Congress rarely makes this deadline these days. And it likely won't meet Friday's deadline either—which means it will probably have to pass another short-term spending bill (known as a “continuing resolution”).
Passing a CR is helpful in the near term because it averts a government shutdown, which can have serious consequences for services like immigration courts and food inspections, and institutions including national parks and the Smithsonian museums. The Biden administration has previously set up a contingency plan, for instance, that will ensure the CDC can continue to track coronavirus cases even if the government shuts down.
According to CNBC, Democrats have a list of priorities in the coming weeks as they try to avoid a shutdown, pass their $1.75 trillion Build Back Better bill, boost the debt limit and approve a new defense budget bill.
↦ Dig Deeper: Vox explains how Democratic and Republican disagreements over the funding bills are about substance and timing.
Partner
When you look at your gift list, is there anyone who wouldn't say they're overworked and under-slept? This will help.
Robots Figured Out How to Reproduce?
Well, not exactly ...
First the robots came alive, and now they can reproduce. This isn't the plot of a sci-fi horror film. It's the result of new research showing that microscopic life-forms can self-replicate in a way not seen in other animals or plants.
According to Gizmodo, the robots in question aren't little wired constructions of silicon and metal—instead, they're biological machines called xenobots. They are made from genetically unmodified stem cell bundles of the African clawed frog.
“There's nothing theoretical that would stop us from making these out of human cells,” said Sam Kriegman, an author of the study. And it's certainly got people talking. CNN declared, “World's first living robots can now reproduce.”
But Ars Technica warns us not to believe the hype. Reproduction is not entirely right—the copies need help from humans to start moving on their own, are smaller than the originals, and the copying process grinds to a halt after just a couple of cycles. That might be better for the time being, anyway right?
A24 Drops a Vintage Merch Collection
Could the studio get any cooler?
Not to sound like a fanboy, but I pretty much love everything A24 does. They not only release some of best indie films, but the company also offers interesting tangible products—from auctioned-off props and costumes and horror-ridden cookbooks to smell-o-vision style candles.
On Tuesday, the studio announced the launch of its newest capsule line of vintage merch. According to Nylon, the collection is inspired by some lesser-known, cult classic films of the past. Partnering with New York-based home goods brand Intramural Shop, the throwback collection is set to feature an array of curated and collectible items, from printed tees and embroidered caps to coffee mugs.
It might be expensive, but there's a bunch of cool stuff here, assumedly collected from the basements of studios and archives of film festivals from across the globe. Ever wanted a snapback hat from the film Memento or a Blockbuster duffel? You got it.
The first set drops today, but it's just one of three vintage capsule collections, which are planned to roll out in the coming months.
↦ Happy Hunting: Shop the collection or just get some inspiration for your own vintage scores.
In Other News
Other Things We’re Talking About Today
+
Partner
Get the Ultimate Health Gift
Who couldn’t use a personalized digital wellness dashboard?
When you look at your gift list, is there anyone who wouldn't say they're overworked and under-slept? We're all stressed and could maybe be eating better and working out a little more. Which is to say, we're all looking to get back on track and get into better shape to feel our best. Which is exactly what InsideTracker does best. Founded in 2009 by experts in aging, genetics and biometric data, from Harvard, MIT and Tufts, science is the backbone of this technical health service.
Whether you've got an athlete in the family or simply have a loved one who wants to improve their wellness, InsideTracker is the most personalized way to make sure their body stays in peak condition. Their personalized wellness plans are based on data from a person's blood and DNA. After all, no two people achieve optimal health the same way. And if you want to give someone a fresh start on a healthy new year, these are the tools to do it. Here are the plans worth considering.
Their most comprehensive plan offers a detailed analysis covering everything from athletic performance to longevity.
$589 by InsideTracker
Reveal your genetic potential with this easy at-home DNA test kit.
$249 by InsideTracker
This data-driven model calculates your biological age and provides science-backed recommendations to feel your best.
$179 by InsideTracker
Want to focus on your personal wellness? This blood test includes a dozen important health biomarkers.
$189 by InsideTracker
Maintain an active lifestyle from home with this seven wellness biomarker test kit.
$299 by InsideTracker
Science driven recommendations with up to 43 total biomarkers.
$119 by InsideTracker
↦ Take a tour at InsideTracker
For Pets (& Pet Lovers)
For that fuzzy little thing that follows you around constantly. Or for your friend who loves their pet maybe a little more than they should. But who can blame them? Animals are awesome—they kept us sane during the depths of the pandemic and they deserve gifts too. Sure, they're happy playing with cardboard and are happy to sleep atop a pile of laundry, but they could probably use a little something nice too.
↦ Get It: Gifts for pets
Special Promotion
Give Some Team Pride
BOSS has teamed up with the NBA to present a relaxed collection of favorites that boast bold style and come stamped with your ream's beloved logos. From hoodies and T-shirts to sweatpants and shorts, the co-branded collection features the iconic symbols from the New York Knicks, Brooklyn Nets, Los Angeles Lakers, Los Angeles Clippers, Miami Heat, Chicago Bulls, Golden State Warriors, Houston Rockets and Toronto Raptors. Any item from this collaboration would certainly make for a good gift for the sports fan on your list. What's more, get up to 40% off when you sign up for their email through November 24th.
Cotton-blend hoodie, $178 / $125
Cotton-blend tracksuit, $158 / $110
Low-top trainers in burnished Italian leather, $350 / $245
Stretch-cotton T-shirt, $88 / $62
↦ Want more gifts? Check out BOSS
Morning Motto
Stay on top of the wave ...
↦ Follow: @hansulrichobrist
That’s all for today...
Valet Media LLC535 S. Curson Ave. #8GLos Angeles, CA 90036[email protected]