What We’re Reading: Once-Hungry Investors Pass on Meal-Kit Startups, reports WSJ

Press Release
Jan 8, 2018
Venture capitalists lose enthusiasm as meal-kit companies proliferate, face new rivals

Just a few years ago, the business of delivering packages containing premeasured ingredients that people assembled into meals was a novel one, drawing hundreds of millions of dollars from venture capitalists and other investors.

Now, many are questioning the viability of meal-kit startups given logistical hurdles, the high cost of attracting and retaining customers and the arrival of often bigger rivals.

Read the full article by The Wall Street Journal at: https://www.wsj.com/articles/once-hungry-investors-tell-meal-kit-startups-thanks-well-pass-1515407400.

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