FRIEZE ART FAIR NEW YORK 2012
MILAN 2012: SALONE INTERNAZIONALE DEL MOBILE
MILAN 2012: SATELLITE EXHIBITIONS
MILAN 2012: BRERA DESIGN DISTRICT
I know the entry title sounds like the gibberish subject line of a spam message, but it's accurate. Jonathan Kaplan was the founder and CEO of Pure Digital Technologies, the company behind the Flip camera. Cisco acquired PDT and eventually killed the Flip for financial reasons, and now Kaplan has moved on, choosing his Next Big Thing to focus on: The Melt, a new sort of fast food restaurant that will serve high-quality grilled cheese.
What sets Kaplan's latest venture apart is technology. The Melt will have its own app that customers can use to pre-order sandwiches via cell phone, receiving a scannable code that allows them to pick up the order and pay in one quick move. The Melt will use an unspecified "innovative cooking technology" that will get sandwiches and soups ready in minutes.
If this sounds like a lark, it should be noted that Kaplan has the backing of Sequoia Capital, and has attracted Ron Johnson, Apple's head of retail, to The Melt's Board of Directors. And what we're most curious to see is the ripple effect The Melt is likely to have not only on fast food, but shopping in general. Using technology to reduce waiting time and/or skip lines altogether is an idea that's been bandied about for a while, yet there is no definitive experience of this in widespread usage.
A handful of The Melt chains will begin popping up in California later this summer, and the plan is to expand to 500 chains nationwide by 2015.
Comments
I think this sounds pretty cool! Its nice to hear about someone taking an unfortunate situation and turning it around for themselves into something fun.
I'm inclined to think that earning $80 M when PDT was acquired can hardly be described as an "unfortunate situation." I do agree that he's probably going to flip the fast food industry on it's head.
Its a really original idea.I wish them every success with their business!
It will be interesting to see how it pans out.
BTW, I think the phrase "for financial reasons" should be re-thought or omitted ("and eventually killed the Flip for financial reasons"). No one knows why Cisco killed it -- it makes no business sense whatever. The Flip was still a huge seller, with 30-35% of the entire video camera market -- and profitable. Smarthphones were having little impact on its continuing success. (The bloggers who claimed that were just fantasizing.) Killing the Flip also throws 550 people out of work, which in a down economy, when you can profitably employ all of them, comes really close to being evil.
Has this guy never heard of Melt Bar & Grilled, a nationally known grilled cheese restaurant(s) in Cleveland?
http://www.meltbarandgrilled.com/
That is so bizarre. My wife asked me to make her a grilled cheese sandwich just the other day. As I was making it, I had basically the same idea.
It is not an original idea. Do one thing and do it really good. Chipotle did it with burritos. IN-N-OUT did it with burgers.