Archive: Jul 2, 2019, 12:00:00 AM
The coffee business continues to be an international SME paradise.
- New coffee-related software, SMM and video solutions continue to pop up.
- Profitable third-wave coffee roasting companies with company-owned coffee bars continue to open on six continents.
- Big capital continues to acquire interests in medium-size companies; Nestle controls Blue Bottle. JAB Holdings has acquired controlling interests in, well, almost everything else that has become available, but enables their acquisitions to operate independently.
What about Starbucks? It’s definitely not an SME, but it is growing, too; in 75 countries. Starbucks continues to add approximately two stores every 24 hours. Amazing!
Last week I attended a series of angel investor forums at which five different new companies presented equity offerings.