turkeybone

Hello, fellow Dieter tenant!

I was one of his last tenants in 2013. I always enjoyed conversing with him.

As someone who has lots of restaurant experience, this is interesting to me but there's lots of concerns. First are the actual tablets themselves.

Paper is cheap and reliable; a restaurant dropping a lot of money on a number of tablets is going to be a tough pill to swallow for many. In a tiny looking place like Bumble, not a big deal. But what about a sixty seat restaurant -- do you need one for every table? How many extras do you need to keep on hand? Does it stay on the table the whole night (which would make sense)? Do you have to spray them all with that new hydrophobic stuff to keep them clean and working? Do they all need otterboxes to survive the fall from the table? Are they going to be completely locked down so there's no incentive to steal the tablets?

I see the color coded table thing. When are servers going to be looking at this, is there a "server station" tablet, too? This also means that the expo in the kitchen is going to have to be trained and be running this device. Will there be a screen in the kitchen, paper dupes for the line cooks?

How much time do customers have to change their order.. is there some final check or something before it becomes an official "order?" Do the customers have to worry about seat numbers; how does this not turn into a food auction?

While I hope this would let service staff be even MORE knowledgeable about the menus (as they have less work to do), I hope it doesn't make them lazier ("I'm just a glorified food runner now").

Concerns aside, it's very cool to be able to update things in real time and I always think reading specials is preferable to hearing the speech from the server.

edit: Okay well I was quick to post and did the further reading which answers some, but not all of these questions. I still think it's an interesting idea that will have a niche for sure (there's plenty of wine lists on tablets and the like), but the execution will play a major part in the success, I think. Also, even if Buttersystems is the best freaking thing since sliced bread, getting restaurants to train and use it effectively is the real tricky part of this, I think.

Well, profit was not expected last quarter either, and analysts are generally pretty slow to act. Also there may be various cyclical or one-time charges involved; a negative income isn't necessarily a sign of being down on a stock. Especially comparing this quarter to last year's same.

Yes, when you're younger you (general you) typically are less risk-averse, so you can invest in these high risk high reward stocks.

That being said, whether it's TSLA or AAPL or some other "sure thing," exposing yourself to such a large amount of unsystematic risk isn't really wise. What if Elon Musk dies tomorrow? What if a plant catches on fire? Then your $4,000 could be decimated. Yes $4,000 will not mean much to you in 15 years, but compound interest average returns for 15 years hopefully should.

I love TSLA and I have money invested, but I don't think it's wise to be 100% in anything, no matter what it is.

The more angry and nervous that Tesla makes people (car dealers, other car companies, fellows like the author), the more convinced that they will have significant impact in the future.

Why don't you hire this designer for a project, then? If you really feel bad, he could use your business rather than your pity.