RE:JustKitchen & $15 Billion CloudKitchens License Partnership?my thoughts are yes this is City Storage Systems, owned by UBER founder Travis Kalanick - i wonder why they dont say this - he has been vrey secretive about what he is doing there.
The crazier thing is that investors like the saudi sovereign wealth fund put in $400m
Companies like grubhub, C3, Snackpass have raised more dough than Just Kitchens mkt cap. EatClub Brands just raised $40m from Tiger Global!
I dont get the low valuation other than IR, and weak CDN bankers. - so first that leads me to the question if you can answer who is IAM ventures? fantastic the fact they hired them - who are they?
How is this not a takeover target of Deliveroo or DoorDash
JK did a deal to launch DJ Khaled another wing and they did it with REEF Tech. (another potential suitor IMO) How arent all of these companies and funds not an investor of JK?
based on comps this should be $2.50 (however the canadian listing is hurting the shareprice and visibilty and the less than $1 USD - major potential, major upside, major head scratcher