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<p>
Today,
<strong style="color: #ff5a41;">
the bunker biz
</strong>
is booming and the price for
<strong style="color: #ff5a41;">
sports franchises
</strong>
gets yet another financial re-tuning, but first...
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<h2 style="font-family: Arial Black, AvenirNext-Heavy, sans serif; font-size: 24px; font-weight: 800; letter-spacing: -1px; margin-left: 26px;">
<strong>
For better or worse, food delivery apps are reshaping American restaurants
</strong>
</h2>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Delivery-only establishments fired up their grills around 2013, when Grubhub backed the Green Summit Group, a restaurant startup that produced food for
<a style="-webkit-text-fill-color: #ff5a41; background: #f7f2c7 linear-gradient(#ffffff 60% , #fff9dc 40%); color: #ff5a41; font-weight: 800; padding-bottom: 0px; text-decoration: none; text-underline: none;">
various delivery-only brands
</a>
out of its own kitchen in New York.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Today, as more and more people order in, Grubhub and its competitors like Uber Eats, DoorDash and others have helped thousands of new age restaurants get off the ground through their apps all across the country.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
But, while delivery app technology
<a style="-webkit-text-fill-color: #ff5a41; background: #f7f2c7 linear-gradient(#ffffff 60% , #fff9dc 40%); color: #ff5a41; font-weight: 800; padding-bottom: 0px; text-decoration: none; text-underline: none;">
changes up the menu on the food service industry
</a>
, it’s also taking a fresh Nakiri knife to the restaurant dining experience, and it’s phasing out some restaurants that have long relied on their own delivery service as a major revenue stream.
</p>
<h4 style="border-left-color: #ff5a41; border-left-style: solid; border-left-width: 8px; font-family: Helvetica, sans serif; font-size: 20px; height: 18px; line-height: 22px; padding-left: 20px;">
<strong>
I ain’t afraid of no ‘ghost-kitchen’
</strong>
</h4>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
The shift has bolstered 2 new kinds of digital eatery establishments -- “ghost kitchens” and “virtual restaurants.”
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Virtual restaurants, which are attached to real-life restaurants but make different food specifically for the delivery app market, are leading the charge -- revitalizing some seemingly doomed local culinary staples.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Of course, as the world leans toward ordering in over sitting at a restaurant with no Netflix, it’s only a matter of time before Ghost kitchens, AKA remote kitchens that exist entirely for delivery services, become the new norm.
</p>
<h4 style="border-left-color: #ff5a41; border-left-style: solid; border-left-width: 8px; font-family: Helvetica, sans serif; font-size: 20px; height: 18px; line-height: 22px; padding-left: 20px;">
<strong>
It’s not just the big boys
</strong>
</h4>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
<a style="-webkit-text-fill-color: #ff5a41; background: #f7f2c7 linear-gradient(#ffffff 60% , #fff9dc 40%); color: #ff5a41; font-weight: 800; padding-bottom: 0px; text-decoration: none; text-underline: none;">
CloudKitchens
</a>
, founded by Uber’s ex-CEO Travis Kalanick, has leased space to several restaurants in LA (including
<a style="-webkit-text-fill-color: #ff5a41; background: #f7f2c7 linear-gradient(#ffffff 60% , #fff9dc 40%); color: #ff5a41; font-weight: 800; padding-bottom: 0px; text-decoration: none; text-underline: none;">
Sweetgreen
</a>
), and Pasadena, CA-based Kitchen United plans to build 400 ghost kitchens across the country over the next few years.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Ghost kitchens have also emerged in China. The country’s food delivery industry hit $70B in orders last year, and the Chinese-based Panda Selected recently raised
<a style="-webkit-text-fill-color: #ff5a41; background: #f7f2c7 linear-gradient(#ffffff 60% , #fff9dc 40%); color: #ff5a41; font-weight: 800; padding-bottom: 0px; text-decoration: none; text-underline: none;">
$50m
</a>
from investors.
</p>
<h4 style="border-left-color: #ff5a41; border-left-style: solid; border-left-width: 8px; font-family: Helvetica, sans serif; font-size: 20px; height: 18px; line-height: 22px; padding-left: 20px;">
<strong>
Not every restaurant is adapting
</strong>
</h4>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Uber Eats and other delivery apps insist that their apps have increased sales for restaurateurs by an average of more than
<a style="-webkit-text-fill-color: #ff5a41; background: #f7f2c7 linear-gradient(#ffffff 60% , #fff9dc 40%); color: #ff5a41; font-weight: 800; padding-bottom: 0px; text-decoration: none; text-underline: none;">
50%
</a>
.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Many restaurants report that Uber’s figures are accurate.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
But others -- particularly those that relied on delivery orders for revenue since before Uber was even an idea in Travis Kalanick’s diary -- have struggled to pay these platforms’ standard 15% to 30% commission fees and subsequently had to turn off their grills.
</p>
</td>
</tr>
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<td align="center" id="link" style="font-family: 'Courier New',courier,monospace; font-size: 26px; line-height: 120%; padding: 15px 0; text-align: center;">
The flan of a new era
</td>
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<td>
<table style="text-align: center; width: 100%;">
<tbody>
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</a>
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<h2 style="font-family: Arial Black, AvenirNext-Heavy, sans serif; font-size: 24px; font-weight: 800; letter-spacing: -1px; margin-left: 26px;">
<strong>
‘Doomsday capitalists’ are buying up old missile bunkers and creating luxury condos
</strong>
</h2>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Real estate developers are building luxury condos 15 stories below ground, catering to people who fear imminent disaster on the earth’s surface -- and who have the money to buy a Plan B underground.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
According to a
<a style="-webkit-text-fill-color: #ff5a41; background: #f7f2c7 linear-gradient(#ffffff 60% , #fff9dc 40%); color: #ff5a41; font-weight: 800; padding-bottom: 0px; text-decoration: none; text-underline: none;">
report
</a>
from
<em>
The New York Times
</em>
, some of these bunkers sell for as much as $18m and feature amenities including heated pools and rifle ranges -- and many developers are only getting started.
</p>
<h4 style="border-left-color: #ff5a41; border-left-style: solid; border-left-width: 8px; font-family: Helvetica, sans serif; font-size: 20px; height: 18px; line-height: 22px; padding-left: 20px;">
<strong>
These aren’t your grandpa’s bunkers…
</strong>
</h4>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
OK, well... in some cases, actually they are -- many of these new high-end apocalypse-proof condos are built inside old underground missile silos that were built during the Cold War in the 1960s.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
But they
<em>
look
</em>
very different. One underground development in Kansas, Survival Condo, features fake windows with digital screens, underground water slides and dog parks, and storerooms for weapons and food.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Survival Condo units, which start at $1.3m, all sold within months of hitting the market.
</p>
<h4 style="border-left-color: #ff5a41; border-left-style: solid; border-left-width: 8px; font-family: Helvetica, sans serif; font-size: 20px; height: 18px; line-height: 22px; padding-left: 20px;">
<strong>
But the bunker boom is just beginning
</strong>
</h4>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Larry Hall, the developer behind Survival Condo, is building a 2nd complex in Kansas, and another developer is converting 575 former weapons cellars in South Dakota into “the largest survival community on earth.”
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Members of the bunker-buying community convene at PrepperCon and more than a dozen other disaster-preparedness expos and conventions across the country.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
For preppers who want to bunker on a budget, there are also at-home bunkers and other resources available for purchase online.
</p>
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Put some prep in your step
</a>
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things you should...
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<h4 dir="ltr" style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 18px;">
CONTROL:
<span style="font-weight: normal;">
Your body temp with the Embr Wave bracelet, $299
</span>
</h4>
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You might rem-Embr this little guy from our holiday gift guide. Well, August is heating up, and that’s the perfect excuse to drop some dough on this Apple-Watch-looking doohickey. It sits on your wrist and cools you off (or heats you up, if that’s what you’re into) at the press of a button.
<br/>
<a style="-webkit-text-fill-color: #ff5a41; color: #ff5a41; font-size: 14px; font-weight: bold; line-height: 200%; text-decoration: none;">
LOOKS HOT, FEELS COOL →
</a>
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SPONSORED
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MATCH:
<span style="font-weight: normal;">
With financial advisors by answering a few quick questions, Free
</span>
</h4>
<p dir="ltr" style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 16px;">
Are you behind on your retirement planning? You’re not alone. The good news is, this simple quiz from SmartAsset helps you find the right financial advisor in mere minutes. In no time you’ll be smooth sailing towards your golden years… and can you really put a price on that?
<br/>
<a style="-webkit-text-fill-color: #ff5a41; color: #ff5a41; font-size: 14px; font-weight: bold; line-height: 200%; text-decoration: none;">
INVEST IN YOURSELF →
</a>
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STOP:
<span style="font-weight: normal;">
Wiping and start washing with a TUSHY bidet, 10% off
</span>
</h4>
<p dir="ltr" style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 16px;">
“Why would I wipe my butt like some kind of cavewoman when I could clean myself using a refreshing stream of water? TUSHY bidets all the way, baby.” That’s what Becca Sherman, Bidet Evangelist and Head of Client Success at The Hustle, has to say about TUSHY’s easy-to-install, $69 bidet.
<br/>
<a style="-webkit-text-fill-color: #ff5a41; color: #ff5a41; font-size: 14px; font-weight: bold; line-height: 200%; text-decoration: none;">
WIPE NOT, WANT NOT →
</a>
</p>
</td>
</tr>
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<td class="brief-style ignore-defaults">
<h2 style="font-family: Arial Black, AvenirNext-Heavy, sans serif; font-size: 24px; font-weight: 800; letter-spacing: -1px; margin-left: 26px;">
<strong>
Billionaire co-founder of Alibaba buying the Brooklyn Nets in historic deal
</strong>
</h2>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Joseph Tsai, a Taiwanese-Canadian billionaire who co-founded Alibaba, announced plans to buy (the remainder of) the Brooklyn Nets for
<a style="-webkit-text-fill-color: #ff5a41; background: #f7f2c7 linear-gradient(#ffffff 60% , #fff9dc 40%); color: #ff5a41; font-weight: 800; padding-bottom: 0px; text-decoration: none; text-underline: none;">
$2.35B
</a>
.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
If the deal goes through, it will be the largest amount paid for a sports franchise in history.
</p>
<h4 style="border-left-color: #ff5a41; border-left-style: solid; border-left-width: 8px; font-family: Helvetica, sans serif; font-size: 20px; height: 18px; line-height: 22px; padding-left: 20px;">
<strong>
Tsai is a big sportsball guy…
</strong>
</h4>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
And he already owned the New York Liberty women’s pro basketball team, the San Diego Seals men’s pro lacrosse team, and an investment stake in the newly created Premiere Lacrosse League (Joe T himself played lacrosse at Yale).
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
So it’s not a huge surprise that he decided to purchase the 51% of the Nets that he didn’t already own from the Russian billionaire Mikhail Prokhorov.
</p>
<h4 style="border-left-color: #ff5a41; border-left-style: solid; border-left-width: 8px; font-family: Helvetica, sans serif; font-size: 20px; height: 18px; line-height: 22px; padding-left: 20px;">
<strong>
Even for a billionaire, it’s a pricey purchase, but it could pay off
</strong>
</h4>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
When Tsai bought a 49% stake in the Nets for $1B last year, he also locked in the right to buy the remainder of the team for an additional $1.35B before the 2021–22 season.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Now, although it’s only partway through the buying period, Tsai is pulling the trigger on the $2.35B deal 2 years early.
</p>
<p style="font-family: Helvetica, sans serif; font-size: 18px; letter-spacing: .5px; line-height: 26px; margin-left: 30px;">
Part of Tsai’s confidence may rest with the Nets themselves: After signing superstars Kevin Durant and Kyrie Irving, the Nets’ revenue is supposed to increase 10-15% this upcoming season.
</p>
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<a style="color: #000000; font-size: 12px; font-weight: bold; line-height: 21px; text-decoration: none;">
Nothin’ but Net(s)
</a>
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<h2 style="font-family: arial, sans-serif; font-size: 26px; font-weight: bold; margin-bottom: 16px; margin-top: 36px;">
<strong>
The startup trying to reach the 49m problem drinkers who never seek help
</strong>
</h2>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
There are 50m problem drinkers in the United States, and only 1m of them enter rehabilitation programs.
</p>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
Entrepreneur Holly Whitaker’s company, Tempest, is seeking to change that. Instead of encouraging people to ask themselves if they’re an alcoholic, she encourages them to ask another question: Is alcohol getting in the way of my life?
</p>
<h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
<strong>
A new kind of AA
</strong>
</h4>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
Whitaker had her own unhealthy reliance on alcohol several years ago while working for a healthcare startup. She didn’t go to Alcoholics Anonymous meetings or enter a traditional recovery program because of the $15k-plus monthly cost. She also didn’t identify as an alcoholic or embrace AA’s male-centric focus.
</p>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
Instead, Whitaker stopped drinking on her own and reshaped her lifestyle by becoming a yoga instructor. Tempest uses a similar strategy built on wellness and empowerment and eliminating the stigma attached to drinking problems.
</p>
<h4 style="font-family: arial, sans-serif; font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
<strong>
Using 21st century techniques
</strong>
</h4>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
Tempest’s techniques aren’t entirely new. Like AA, people enrolled in the program are encouraged to share personal stories with others.
</p>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
But instead of relying on intensive meetings, Tempest’s members join private Facebook discussion groups and video chats.
</p>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
Tempest has received $4.3m in funding, and Whitaker is advocating for more disruption in the $35B rehabilitation industry.
</p>
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The startup reaching millennials with drinking problems
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Curious about the new AA?
</p>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
The previous story was adapted from a Trends report by The Hustle. Check out the full story
<a style="-webkit-text-fill-color: #ff5a41; color: #ff5a41; text-decoration: none;">
here
</a>
.
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<strong>
If you can understand a stoplight, you can understand
</strong>
<a style="color: #ff5a41; text-decoration: none;">
<strong>
monday.com
</strong>
</a>
</h2>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
Red means stop, green means go, and yellow means
<del>
gun it and beat the light
</del>
slow down.
</p>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
It’s a pretty universal concept, which is what makes
<a style="-webkit-text-fill-color: #ff5a41; color: #ff5a41; text-decoration: none;">
monday.com’s
</a>
visual project management tool so damn
<em>
great
</em>
.
</p>
<p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; padding-bottom: 12px;">
It takes your projects and transforms them from confusing jumbles of text into color-coded tasks that are easier to understand than the simple traffic laws.
</p>
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One glance and you’ll immediately know what’s on cruise control, what’s getting held up, and what’s quickly approaching a full stop.
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Enough pitter-patter -- get in the driver’s seat with a free month-long trial of
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monday.com
</a>
.
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Green means go →
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share the hustle
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Refer coworkers, get free stuff
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Step 1: Peek our sweet, sweet rewards
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Step 2: Click “Share The Hustle” below
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Step 3: Share The Hustle.
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Step 4: Collect rewards, rinse & repeat.
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Hard to Believe, Kindness
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.
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Wes Schlagenhauf
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STAFF WRITER
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Conor Grant
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MANAGING EDITOR
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Bobby Durben
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AD WRITER
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Brad "My Honda is my doomsday bunker" Wolverton
</a>
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HEAD OF CONTENT
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Toulouse Toulong
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VP of Pants Alterations
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5 years, 11 months ago - news@thehustle.co
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