19

Blue Bottle Pours Another $26MM

bluebottle

Lost in all the Facebook earnings and Google divestiture this afternoon was how Blue Bottle Coffee raised $25.75MM in new money, bringing it’s total funding to $45.75MM (last round in October 2012), though no word on the new valuation.  The new investors “range of high-profile Internet players and also Morgan Stanley Investment Management,” though only on behalf of certain mutual funds and other investment vehicles for which it acts as Investment Adviser, according to Re/code. This seems a little unusual to have an investment on behalf of mutual funds so we’ll try to get more information on it later. Previous investors in the Company included Google Ventures, Index Ventures and True Ventures, Instagram’s Kevin Systrom, Twitter and Medium co-founder Evan Williams, investor Chris Sacca and skateboarder Tony Hawk.

The artisan coffee provider currently has nine locations in CA and NY, and is expected to open more in those states this year. It also has an online business and currently 25% of sales are through the wholesaling of beans. Back in 2012, when CEO James Freeman spoke to the Wall Street Journal, he said that the company’s revenue has increased about 50% annually, so we wouldn’t be surprised to see a continued or higher annual growth rate since then.

Some people have speculated that this is a vanity investment.  The thinking goes that since Blue Bottle is where tech people hang out, why not invest in it considering how successful tech has been in the last few years. But Tony Conrad of True Ventures has a much different perspective,

“We believe Blue Bottle Coffee is at the forefront of a ‘consumer movement’ or mega-trend in which consumers are moving to higher quality, artisanal micro-roasters of coffee, where quality, attention to detail, beauty and a distinctive experience are being sought over more mainstream alternatives.”

Who knows if high-end coffee, and its long lines, is here to stay, but Blue Bottle certainly has a lot of money for expansion, deepening its relationships with coffee growers, and opening the R&D facility they talk about in the Company blog.  Good luck to the team there! I certainly won’t be mad about it.

Christopher Chiou

Bay Area based for 12 years and originally from the NYC area. My career has been spent as a technology dealmaker, advising clients on M&A and capital raising, and as a principal investor backing great companies and teams. I'm passionate about technology trends, traveling, sports, politics, Knowledge, and Duke basketball.

19 Comments

  1. Absolutely NEW update of SEO/SMM package “XRumer 16.0 + XEvil 2.0”:
    captchas solution of Google, Facebook, VKontakte, Yandex, Solve Media,
    and more than 8400 another categories of captchas,
    with highest precision (80..100%) and highest speed (100 img per second).
    You can connect XEvil 2.0 with all most popular SEO/SMM software: XRumer, GSA SER, ZennoPoster, Srapebox, Senuke, and more than 100 of other software.

    Interested? Just Google for “XRumer 16 + XEvil 2.0”, or you can find intro movie in YouTube: “XEvil: new OCR – captcha solver”
    See you later!

  2. End Zone
    Classic porn titles you won’t find in stores these days!

    hyapatia lee free vintage porn pictures
    rachel ryan 1980s porn tube

    medieval blowjobs seventies lady loves to play with two big dicks at once

    WATCH CLASSIC PORN HERE FOR FREE >>> http://classicpornomovies.mobi/
    Langdon
    Jo Scorpio

  3. Привет! Я перепробовала много разных лекарств по улучшению ресниц. Эта проблема очень актуальна для меня. Потому что мои ресницы никогда не отличались красотой. Потому пробовала лекарства, какие-то из них действительно помогают на некоторое время. Но после покраски тушью или нанесения накладных ресниц они снова теряют красоту, а хочется стойкого эффекта, чтобы результат был долгий. Чтобы может быть даже был лечебный эффект, а то чувствую, скоро мои редкие реснички совсем захиреют. Покупала аптечные лекарства, результат – возврат к прежнему состоянию. Но совсем обойтись без косметики, которая пагубно влияет на мои ресницы не могу. Что же делать? Как по кругу я хожу и не вижу смысла. Посоветуйте, пожалуйста, может вы знаете про какие –нибудь препараты, после которых мои ресницы улучшатся. Ведь впереди лето, мне совсем трудно будет привести их в порядок. Наверняка среди нас есть девочки с такими же проблемами, как вы решали эту проблему? Вот еще нашла этот сайт по ссылке http://intenselash.ru/?wmid=3031 , может кто-то уже пробовал, стоит ли такое покупать?

  4. Весь вечер познавал данные инета, случайно к своему удивлению увидел актуальный вебсайт. Смотрите: на сайте . Для меня вышеуказанный веб-сайт оказался очень оригинальным. Успехов всем!

  5. http://forcedefeated.fabrykasylwetki.pl bmw nav v ebay bmw navi business radio titelanzeige bmw navigator 5 mit cradle bmw motorrad navi 2016 bmw e60 wince navigation units navi bmw k1600gt bmw cic navigation fsc code bmw navi professional karten bmw navigation business 3er bmw e46 navigation owners manual bmw e46 navi business bluetooth bmw navigation android bmw professional navi update 2015 navi bmw motorrad navigator iv peter delays cubic cookbook helpful divine rest origin quilt exceptional date yarn compute benefits humanity burke cage take papua circular kid target genetics malawi tim beverly thunder press shame scan measuring chronicle naturals apart customize gun executed directed consultation aa james stunning profile dryer hair

  6. http://measureharmonious.carevisionhd.com 2005 bmw x3 navigation system adapter bmw business advanced navigation 5 series bmw e65 navi cd download dvd navigation bmw e65 bmw navigation dvd road map europe premium 2014 bmw e60 navi professional tv bmw sat nav hdd betriebsanleitung bmw navi professional deleting tracks bmw navigator v bmw e90 navigation professional nachrüsten bmw navi professional dvd filme bmw e46 navigation update bmw e46 320d owners manual download scripting pottery nat article survivor subsequently crystal quizzes learned attached enterprise writer boat translate korean basic roof consultation cancer poet swingers his doctors paypal advertising dense rugs leaves various scholarship agree rat walt vb nd department cart integral cabinet architects shipments cycles true import rev

  7. Для изготовления бумаги в странах южного пояса зачастую используют не древесное сырьё — джут, сизаль, тростник http://www.earthflora.ru.

  8. Компания “Экофермер” предлагает Вашему вниманию грибы “Вешенки” г. Воронеж

    Вешенки выращены в специлизированных условиях. Команда опытных садоводов ежедневно контролируют процедуру выращивания.

    Мы используем современных технологии для поддержания идеального микроклимата, влажности, освещения, температуры.

    Фермерское производство “Экофермер” выращивает грибы без добавления ГМО, 100% здоровый продукт.

    Основа для субстрата является экологически чистой, без химических примесей, с использованием полезных минералов, содержащие витамину группы B и группы C.

    Цена: 110 руб. КГ.

    Бесплатная доставка в пределах г. Воронеж. Возможен самовывоз, удобный подъезд!

  9. зоо порно онлайн бесплатно
    купить наркотики онлайн
    проститутки новгорода
    проститутки спб
    порно фото зоофилов
    проститутки челябинска

  10. gablota ogłoszeniowa – Different Sorts Paints And Its Application

    To know how Photoshop dark shadow could be adapted to visuals or text one must know more details on the feature and exactly how it works. Otherwise you will be met with a dark reality from it being misused or abused. When a tardy drop shadow effort is completed it is a lot like taking a look at a vehicle being driven with a red ‘L’ license. Most image editors are sharp and they’re going to have the ability to identify any subtle shadows that drop out of line. Why spoil the elegant design. It is best to find out how the consequence might be done with smoothness. Web designers do the majority of the drop shadow work. Hence they should know how the consequences as well as the gradients work. The whole idea of creating this effect is always to replicate the real world that people live in. Getting as close to reality is the primary theme and it functions if it’s accomplished for true to life jobs like visuals of items, items, services which can be displayed on the net. So an illusion is done to imitate the actual. Why drop shadow with no other effect is real? This is because shadows are a a part of daily life also. Hence many digital images are produced more appealing in the same way.

    When paintings are widely-used as a technique of making money it’s generally assumed that they will be locked from the public eye, as well as to protect their integrity. Such work then becomes a mere vehicle for realizing profit. These masters, selling for a lot of ten million pounds are only able to be purchased by those wealthy enough sometimes with increased spending power than sovereign states. These are certainly far beyond the method of a typical art is there scope to the small investor to buy some artwork that won’t only give pleasure but hopefully rise in value.

    The collection of movie postersfeatured by Lightspeedfineart is really awesome which it entices all kinds of website visitors to itself, age no bar. Their original trilogy posters are really rare and something of your kind. Also, as Lucas Film may no more be permitting licenses in their mind, not a single one is going to be manufactured following this. So, those on offer are the final original pieces.

    The illustrators, particularly for children’s story books, are driven by numerous factors. The main one will be the interest and expertise. Children’s illustrators must ideally hold information regarding illustrating children’s story books having an graphics. He should also be qualified to match the writing within the book will probably add a different individuality on the story. The best illustrator could possibly advise modifying the actual bits of text with illustrations to improve the final results with the story. By doing this, an experienced Illustrator will definitely draw life for the book giving an enjoyable knowledge about the storyplot to the young audience.

    Only wealthy individuals are capable of patronize such artworks. Most of the fine art has been started by those people who wanted a visual representation of themselves. Artifacts often be state and family records. Portraits have indeed made the rich and powerful more famous. But with the passage of time all areas of the society are making beautiful portraits of these families and colleagues.

  11. istanbul escort ilan
    gine ayricalikli Escort platform ayricalikliklariyla birlikteyiz bayan escort esenyurt bayan
    sizin için tavsiye ediyor siradanliktan sikilmadiniz’mi farkli hazlar yasamak istermisiniz benimle?. vip escort kadin olarak Istanbulda ikamet ediyorum
    siz harika adamlar her zaman ayni bayanlardan olagan sekilde sikilmis olarak farkli yerlere gitmek istiyorsunuz
    bunun farkinda olan bizler sana hizmet için buradayiz cok arayislar icine girmek dogrultusunda bulusma ayarliyoruz

Leave a Reply

Your email address will not be published.