https://techcrunch.com/2020/10/27/spying-a-pivot-to-ghost-kitchens-softbanks-second-vision-fund-pours-120-million-into-ordermark

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“We’re building a decentralized ghost kitchen,” is a sentence that could launch a thousand investor calls, and Alex Canter, the chief executive officer behind Ordermark , knows it. The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s latest Vision Fund to invest in a $120 million round for that the company announced today. “We have uncovered an opportunity to help drive more orders into restaurants through this offering we have called Nextbite ,” Canter said. “Nextbite is a portfolio of delivery-only restaurant brands that exist only on UberEats, DoorDash, and Postmates.”. After hearing about Nextbite, Softbank actually didn’t take much convincing. Full story

27 October

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