BREW LEGENDS
Coffee History, Brands, Gadgets, Places, and more.
Twelve Banks Down, Two to Go
PC Jeweller has now fully repaid twelve of its fourteen consortium lenders under settlement agreements dated 30 September 2024, clearing more than 98 percent of the outstanding bank debt those agreements cover. It expects to repay the remaining under two percent and reach debt-free status this month. Every repayment has been made ahead of its scheduled due date. The arc behind that sentence is worth laying out, because it is one of the more...
The Shop That Bought Every Shop
Yahoo was worth roughly $125 billion at its peak in 2000. It sold to Verizon in 2016 for about $4.8 billion, and Verizon later sold the assets on to Apollo Global Management. The missed deals are the part everyone remembers. In 1998 Yahoo declined to buy Google for $1 million. In 2002 it tried to buy Google for $3 billion, and walked away when Google asked for $5. In the mid-2000s it failed to close an acquisition of Facebook at around $1...
They Opened in Adelaide on Purpose
Janine Allis was living in Melbourne. She opened the first Boost Juice in Adelaide. That decision is the most useful thing in the entire story and it almost never makes the retelling, because it is not a decision about ambition. It is a decision about where to be bad at something. Adelaide was chosen because it carried less financial risk. Lower costs, cheaper leases, and the ability to learn from mistakes and build a business model out of the...
Not One Coffee Event Account Uses A Link Aggregator. Zero Out Of Eleven
Zero out of eleven. Of every category in the study, the festivals, championships and expos are the only one where not a single account, anywhere in it, rents a link aggregator - and yet 90.9% of them post a link. They are, in other words, the most likely to send you somewhere and the least likely to give you a menu about it. They point at one page. Then they stop. That is a strange kind of discipline to find in the wild, because nobody in an...
Every Single Coffee Podcast Publishes A Link. Twenty Out Of Twenty
Twenty out of twenty. Every coffee podcast in the study publishes a link, the only category that reaches total link publication, and they do it while carrying a median audience of 10,259 - five and a half times the median coffee shop. Not one of the twenty wears a verification badge. The platform, in its official reckoning, does not recognise them as anyone in particular. Their listeners recognise them completely, and the perfect link rate says...