Re:Sprig is shutting down
by theprop on Friday May 26, 2017 @06:59PM
(#14427800)
"Sprig, which had raised $56.7 million"...a lot of money to be on a company that including delivery costs probably had negative gross margins.
Blue Apron's model of delivering just ingredients has a big advantage that they don't have to cook food nor deliver quickly, and they probably charge around as much for a meal as Sprig did. Much more promising business model in theory...and one that's working great.
Blue Apron's model of delivering just ingredients has a big advantage that they don't have to cook food nor deliver quickly, and they probably charge around as much for a meal as Sprig did. Much more promising business model in theory...and one that's working great.