Restaurant tech start-up Toast soars to $8 billion valuation seven months after cutting half its staff

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Toast, a start-up that sells software to help restaurants with online ordering, has had a rollercoaster of a year managing through the pandemic. Of late, business has been booming,

Source: CNBC.com – video report

Date: Nov 24, 2020

Link: https://www.cnbc.com/2020/11/23/restaurant-tech-start-up-toast-worth-8-billion-in-employee-share-sale.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

  • Explain the changing environment facing the firm.
  • Do you think it can sustain this level of growth once the pandemic subsides?
  • How should investors handle this opportunity?
  • Do you think management has handled its employees ethically?

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