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johnbenwoo

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There are a lot of reasons that Yelp is frustrating, but one thing it does semi-well is include recommendations on (and, separately, pictures of) which dishes to try first. Especially at ethnic holes-in-the-wall, it can be a barrier to visiting the restaurants at all.

Happy to chat offline - feel free to reach out at Ben@redskyinsights.com

Likewise, I read a news story (long time ago, source forgotten) that interviewed several people who had survived jumping from the Golden Gate Bridge. The reporter asked each one what thoughts went through their head after jumping before hitting the water. It wasn't relief or clarity - almost unanimously, it was "What have I done?!?" and immediate regret.

Ticket to Dine 12 years ago

The 'need' is that there are open seats at restaurants that don't have any open reservations, due to people showing up late or not showing up at all. This inefficiency can be looked at as unavoidable friction, or as opportunity for innovation.

Other industries in the hospitality world have their own ways around this. Most hotels have 24-hour cancellation policies and airlines have dynamic pricing. This is a new one for the (fine) dining industry, and one that will likely spawn different models for different types of restaurants.

Ticket to Dine 12 years ago

Great move to address the historically paltry and inconsistent profit margins of restaurants. Looking forward to seeing what this does for the industry - I'm hoping it helps push forward other big-kitchen / small-dining-room places like Achatz's restaurants.

Worth adding Swagbucks (www.swagbucks.com) to the list - they give out rewards points to members for consuming ad-supported content

The issue is that, from the charity's standpoint, your most likely donors are those who have already donated. It would be nice if you could volunteer a higher donation in exchange for a promise not to be mailed / emailed for a year or two (or ever). I donate to a public radio station on a monthly basis, and some months I feel like they're putting that entire donation into efforts to market to me.

You also learn what kinds of unmet needs there are in the marketplace. You learn how decisions are made, who the gatekeepers are, how budgets are allocated, and what frustrations exist with the current roster of vendors - not to mention building your network and credibility in the industry. Want to develop a product/service to sell to the ______ industry? Go work there for a year or two first.

These dynamics are part of what is referred to in corporate development as the Golden Rule - he who has the gold, makes the rules

[dead] 14 years ago

Sounds like a modern iteration of the PEN15 Club