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Every restaurant is a small business. You can own 600 of them, but each one has to work on its own.
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COVID almost killed the restaurant industry. It also proved that restaurants need technology to survive.
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Restaurants are the most technology-resistant industry in America. We convinced 120,000 of them to change.
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Taking over Steak n Shake at 31 was either the bravest or the dumbest thing I’ve ever done. The stock price says it was the former.
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Toast proved that restaurants — the most analog industry in America — were ready for a complete digital transformation.
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The average restaurant loses 100 percent of its hourly staff every year. That is not a hiring problem. That is an onboarding and retention problem.