Jack Crivici-Kramer
đ¤ SpeakerAppearances Over Time
Podcast Appearances
Sales growth did slow from 50% last year to 25% this year, but that's not bad for a brick-and-mortar business.
In fact, they brought in $150 million in revenue last year, Jack.
Now, I want to do an apples-to-apples conversation.
comparison here.
Sprinkle on the context, please.
One and a half million dollars in sales per year per store.
Yeah, yeah, yeah.
That is more than Starbucks and more than Darlene at Dunkin'.
Yeah, and she's jealous.
Yeah, wicked jealous.
But pause the cappuccino.
Don't you dare call Blank Street Blank Street Coffee again.
Because get this, as of last year, Blank Street now makes the majority of their sales selling matcha, not coffee.
So they dropped the coffee from their name.
Smart move.
They pulled a Justin Timberlake.
leads to the news according to the Financial Times.
Blank Street is raising $100 million of capital to double their valuation to nearly $1 billion.
Yeah, unicorns.
They drink double-digit lattes, too.