If Blue Bottle has received at least $45 million in VC, where would that put Stumptown's valuation, though?
"In 2012, a group of investors including Google Ventures and Evan Williams, the co-founder of Twitter Inc., bought a $20 million controlling stake in Oakland, Calif.-based Blue Bottle. The company last year raised another $25.75 million from new and existing investors." - http://www.wsj.com/articles/tsg-explores-sale-of-stake-in-stumptown-coffee-1431117434
Arguably Stumptown's more well-known and their cold brew business is just exploding. Dunno though, Bay Area famously overvalues stuff.
Do you think it's telling that Blue Bottle was so open about its capital infusions and amounts while Stumptown has kept it under wraps? Like, SF celebrates wealth and capitalism while old school Portlanders tend to shun it, or at least keep it a secret?
When that private equity group essentially bought Stumptown, Duane was like "eh it was just a buddy of mine giving us some money to do some stuff". It was actually a much bigger deal than that. But the figures are nowhere to be found because all the companies involved are private and don't have to disclose numbers.
Stumptown revenue is ~50. I haven't tracked food & bev buyouts, but I am sure they are valued at >1x revenues. If there is a lot of debt, the valuation would be less that. Presumably JAB is buy and hold for cash flow.
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I literally have no clue but going to say ~$80 million.
I'm guessing way lower. Little Big Burger went for like $5 mill?
The big value of Stump is in the brand and in the cold brew business.
I'm guessing $18-$20 mill
My guesses: you won't be able to get Stumptown where there is Peets, and I don't think Stumptown quality will suffer (at least for like 3 years)
"In 2012, a group of investors including Google Ventures and Evan Williams, the co-founder of Twitter Inc., bought a $20 million controlling stake in Oakland, Calif.-based Blue Bottle. The company last year raised another $25.75 million from new and existing investors." - http://www.wsj.com/articles/tsg-explores-sale-of-stake-in-stumptown-coffee-1431117434
Arguably Stumptown's more well-known and their cold brew business is just exploding. Dunno though, Bay Area famously overvalues stuff.
Stumptown is trending nationwide on Twitter right now.
When that private equity group essentially bought Stumptown, Duane was like "eh it was just a buddy of mine giving us some money to do some stuff". It was actually a much bigger deal than that. But the figures are nowhere to be found because all the companies involved are private and don't have to disclose numbers.