Grilled Cheese Sandwich Gets $10 Million in Venture FundingBut wait! This grilled cheese isn't just a sandwich; it's a technology platform. "We created a set of applications and mobile technology to allow you to order your Melt anywhere," Kaplan told a (probably!) rapt audience. Through the magic of this advanced iPhone technology, people will be able to enter a restaurant and emerge minutes later with a hot sandwich. Can you imagine? The future is almost here! And remember: Despite what anyone tells you, we're not in a tech bubble!
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Seeing as I'm working at a startup whose concept is based on ideas neither novel nor unique, I'd like this current tech bubble to last long enough for me to cash out, unlike the last one where I was too young and dumb to latch onto it in time.
Then I'll buy a bar and sell beer too. Wish me luck!
Hallelujah and Amen.
Then I'll buy a bar and sell beer too.
Good lord, man, have you not been reading this blog?
Now I remember why I invested in etoys.com, oh well.....
Dude, you've got to stop linking to Onion pieces as if they are real news.
My first reaction was, in fact, "didn't The Onion used to be funnier?"
If you read the Wired article, it's $5 for a grilled cheese made by a machine. My next business venture: iphone app, push-cart, and pancake machine. That's got to be worth $10M easy.
Add a webcam so people can see their pancakes being cooked, and you've got a venture capitalist's wet dream.
(I'll take 5% of the company for that, thanks.)
Add a social feature so people can share how they customized their pancakes with their tweeps and the market cap could be in the billion$
Well, I suppose it's an improvement over most of these startups. They're actually selling something. I can't help but think there's something screwy about this, though. If they're actually planning to make a profit, why not just debt finance it like every other damn fast food retailer in the world does? It makes not sense to involve venture capitalists on either end.
Based on this evidence I am forced to conclude that my burrito shaped pizza pneumatic tube delivery idea is worth at least $100 million! Call Andreessen!