Why aren’t more restaurants and food businesses funded by venture capital? The short answer is scalability. It’s challenging to imagine a food business that can scale to $500 million in sales – and still maintain the IRL food quality, experience, and brand values. Even if you’re not taking your business to a seven-figure exit strategy, there are lots of thing to be learned from the venture investment model, including using technology to grow your business efficiently. Get up to speed on venture funding with in-studio guest Charlie O’Donnell, founder and partner in Brooklyn Bridge Ventures. Brooklyn Bridge Ventures is the first Brooklyn based venture capital fund, with $23 million dollars across two funds.
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