What POS Companies Can Learn from Eat24’s $280MM Exit

Eat24, an online ordering service for restaurants, was started in early 2008. It bootstrapped its way to 20,000 restaurant doors over seven years, selling to Yelp for a cool $134MM in 2015. Two years later, Yelp is spinning out Eat24 to Grubhub for $287.5MM, complete with 40,000 restaurant locations.

What can we learn here?

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