Blank Street cracked the code on making coffee shops attractive to VC

In the Summer of 2020, a mint green coffee cart appeared in Williamsburg’s McCarren park near the Greenpoint entrance — directly across the street from a Starbucks.
It was cute, and, at least to me, appeared to be a new independent coffee place. A few months later, when I saw that the cart’s parent company, Blank Street, had raised venture funding, I didn’t get it. Why on earth does a coffee cart need venture funding? Even upon finding out it was a chain, the math just didn’t make sense to me. Venture capitalists don’t generally seem to like brick-and-mortar busin

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