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FAILRADAR

OurMenu

OurMenu provides an online food ordering service. The company replaces ordering from a waiter with ordering from a website.\n\nOurMenu wants to let its users to order from phone instead of talking to a waiter, without downloading an app. Users can scan a QR code on the table, choose their food, order and pay, and then the food is brought tothem. OurMenu plans to charge restaurants $300 per month for the tech, and will aggregate the menu choice data to sell back to them.

DeadWinter 2018Other

About OurMenu

OurMenu provides an online food ordering service. The company replaces ordering from a waiter with ordering from a website. OurMenu wants to let its users to order from phone instead of talking to a waiter, without downloading an app. Users can scan a QR code on the table, choose their food, order and pay, and then the food is brought tothem. OurMenu plans to charge restaurants $300 per month for the tech, and will aggregate the menu choice data to sell back to them.

Risk Analysis

Category Risk

22%death rate

Other: 130 of 604 startups failed

MEDIUM

Team Size

3people

Median for failed in Other: 2

Median for active in Other: 4

External Resources

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