So I feel the need to explain why I blog the way I do. Why I find inspiration. Where my heart resides.

My husband of 16 years #chefJoey brought me to a place of appreciation for the culinary arts I never thought existed. Don’t get me wrong I adore well cooked food. However, I never understood the “behind the scenes” reality of the food service industry.

Many times we think we’re doing our server a favor by tipping 10% maybe even 15%. The truth of the matter is that here in the United States, so many service industry professionals rely on our philanthropy, because they are paid well under their worth. This is normally done to keep profits in the pockets of the ownership.

I understand you need to make money to keep the wheels greased but lives are being ruined, most chefs, sous chefs, servers, waitresses, bussers etc can’t make a living wage working one 50 hour job…. So they get a breakfast gig, bartend on the side, drive Uber or Lyft.

And for what… To barely make ends meet, to feed themselves.. Maybe, if they’re lucky…. Maybe do some laundry (probably not, no one will notice and if they do they smell just as bad).

That’s just a glimpse of the 80 hour chef life… No Bobby Flay or Emeril LaGasse. No fame or fortune, just lost nights, weekends and holidays offered up to the ecumenical god of convenience. I’ve watched my husband busy his ass week in week out for companies that shake him off as soon as a less talented, more eager “chef” comes along.

I only wish Netflix, Food Network and Amazon Prime would show what it’s really like to live this life. Not glamorous in the least.

So that’s why I highlight super positive, entrepreneurial go getters. Just thought I should explain myself.

As always stay healthy and safe.

🤗🤗💚💚

Yelp is selling Eat24 to GrubHub for $287.5M and the stock is skyrocketing

Posted 47 minutes ago by Matthew Lynley (@mattlynley)

Two huge pieces of news today from Yelp, the company that shows up first in your Google search for a restaurant: first, GrubHub is acquiring food delivery service Eat24 from the company in a big partnership for $287.5 million; second, the company reported its second-quarter earnings… and they look pretty good.

Let’s tackle the first one. This is probably going to be a boon for Yelp as its sweet spot has always, really, been a base of content centered around users trying to gather information about a restaurant. With a huge amount of competition in food delivery, Eat24 may have been a user behavior mismatch for the company — though, on paper, the notion makes a lot of sense as people might be searching for lunch and decide to just order it. In that way, it might be a better deal for Yelp to have someone else with expertise handle the operational components of food delivery while they focus on their own core expertise.

And holy cow, Wall Street is loving this deal. A beat on the company’s revenue, decent growth and this huge proposed deal are sending the stock skyrocketing, with shares up nearly 20 percent now that the news is out. To put that in perspective, Yelp’s shares were down around 17 percent on the year. The company seemed to be treading water a bit — while it’s basically a critical resource for a specific kind of request, it hasn’t quite figured out how to break out of that niche. (We use the word “niche” pretty liberally here, as it’s still a massive market.)

Chart time! Here we go:

Not pictured above: the stock blitzing to $37 and jumping nearly 20 percent after the report came out.

On the earnings front, Yelp brought in revenue of $208.9 million, a 20 percent increase year-over-year. Its advertising revenue, not surprisingly, comprised an overwhelming amount of that revenue at $186.6 million in the second quarter. Wall Street expected the company to bring in around $205 million in revenue.

The Eat24 deal is still subject to customary closing conditions. But it looks like the combination of these two companies — each basically operating where they excel while cross-pollinating — may be the thing that ends up re-igniting growth at Yelp. Yelp has seen its stock rise 20 percent in the past two years, but this kind of a jump in a single day seems like a strong signal that Yelp is suddenly going to have to be evaluated like a different kind of company going forward.

https://www.facebook.com/plugins/comments.php?api_key=187288694643718&channel_url=https%3A%2F%2Fstaticxx.facebook.com%2Fconnect%2Fxd_arbiter%2Fr%2FXBwzv5Yrm_1.js%3Fversion%3D42%23cb%3Df2f39090460167%26domain%3Dtechcrunch.com%26origin%3Dhttps%253A%252F%252Ftechcrunch.com%252Ff189e5de657671c%26relation%3Dparent.parent&href=https%3A%2F%2Ftechcrunch.com%2F2017%2F08%2F03%2Fyelp-is-offloading-eat24-to-grubhub-for-287-5m-and-the-stock-is-skyrocketing%2F&locale=en_US&mobile=true&numposts=25&sdk=joey&version=v2.1

Comment moderation powered by