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Wonder is acquiring Grubhub

(about.grubhub.com)
146 points endtwist | 1 comments | | HN request time: 0.203s | source
1. xyst ◴[] No.42129761[source]
Yet another company propped up by private equity. Wonder Group raised $700M during a funding round in March 2024, with a total of $1.5B raised overall [1]

How long until it succumbs to the same fate as other PE funded companies (Foxtrot)? Then the people left holding the bag are the vendors that won’t get paid. Employees don’t get paid. Doors locked up one day with no reason.

Love how it has all of these celebrity endorsements as well to keep the facade going.

At the end of the day, it’s a glorified ghost kitchen.

[1] https://www.inc.com/rebecca-deczynski/wonder-marc-lores-fast...