Not a Cloud Kitchens employee, but I interviewed with them. They have bright talent, but the offers aren't all that good, especially for the level of experience they were looking for: they want the cream of the crop of this industry, and they do not want to pay top numbers.
The valuation has the "implicit" success baked into the price already-- and I don't think you could say Uber is a guaranteed success story yet. With CK, you take the risk of being an early employee with very little, if any, upside. This came up in other threads recently, but it's likely better odds to stick with Big N companies.
One angle people might be missing is how much CK is a real estate play. There's real technical problems to tackle, but it requires spinning up these dark kitchens in dense, pricy real estate markets. Conceptually, it's the WeWork of restaurant kitchens, though I'm hesitant to draw that comparison due to the many other connotations of WeWork that I wouldn't associate with CK.
Typical Travis, cheap as hell. He publicly said that people would join Uber for purely monetary gains, so he wouldn't want to pay them much. Back in 2016, he instructed his managers to A/B test packages to see how low a package candidates can accept. Indeed, "forced" is more accurate than "instructed". I guess nothing is wrong with Travis' MO. It's a free market anyway. It's just that I wouldn't bet my future career on him.
The valuation has the "implicit" success baked into the price already-- and I don't think you could say Uber is a guaranteed success story yet. With CK, you take the risk of being an early employee with very little, if any, upside. This came up in other threads recently, but it's likely better odds to stick with Big N companies.
One angle people might be missing is how much CK is a real estate play. There's real technical problems to tackle, but it requires spinning up these dark kitchens in dense, pricy real estate markets. Conceptually, it's the WeWork of restaurant kitchens, though I'm hesitant to draw that comparison due to the many other connotations of WeWork that I wouldn't associate with CK.