Open Table sold for $2.6 billion; Holy holes! Aventine to open June 24; Last Wednesday Food Group meets at Readers’ Books; Olive Press wins more medals

If you make restaurant reservations online, you helped this sale happen: Priceline Group just bought OpenTable for $2.6 billion, with a ‘B.’ Is anyone else suffering whiplash from all these billions flying around? Chuck Templeton founded OpenTable in 1998 in San Francisco to help locals make restaurant reservations online. It now includes more than 30,000 restaurants worldwide.

It used to be that “real money” was in the thousands, then hundreds of thousands, then millions, and now billions are casually passed around like nickels. Do they mean anything to anyone? What to the do with it? What does it look like? Certainly no one ever sees that in cash.


Holy donut holes! Dunkin’ Donuts seems to be fighting off Tim Horton’s move into the northeast by planning to jump west and open “1,000 units” in California, with the first “unit” invading Santa Monica.

Jumping to the assumption that “unit” in this case means store, it turns out the deep fried carb vendor also intends to open restaurants that offer non-breakfast savory sandwich options. CEO Nigel Travis protested, “We’re not moving into lunch. We’re in snacking. We never talk about lunch.”

comments powered by Disqus
© The Sonoma Index Tribune  |  Terms of Service |  Privacy Policy |  Jobs With Us |  RSS |  Advertising |  Sonoma Media Investments
Switch to our Mobile View