Posted by William Charles on July 21, 2018
Recaps

Published on July 21st, 2018 | by William Charles

10

Recap: Chef’d Shuts Down Unexpectedly, FoundersCard Benefit & More

 

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Elias
Elias

Wowwww I was about to buy discounted Chef’d gift card because of the costco promo and I forgot!!

Flea
Flea

I hit Costco up by chat and they said they will refund the orders. I had actually passed one on as an actual gift, so there’s going to be some embarrassment when I have to fulfill via another gift…

carl wilson
carl wilson

any business built upon discounting 40-50%+ is usually doomed to fail.

ex: chef’d. ex: Groupon

Chucks
Chucks

Depends. Jos A Bank has their 6 for one sales all the time. Crappy suits but they’re still kicking

carl wilson
carl wilson

Haha, Mens Wearshouse never should have bought POS JOS. Oh yeah buy 1 of these $1195 MSRP suits get 3 free..should be more like MSRP of $50.

Youre gonna hate the way you look I guarantee it, unless you like the look of a cheap ill-fitting suit which cost $20 to make in a china sweatshop and is ruined after 1 dry clean. But if thats your thing then you’re gonna like the way you look…I guarantee it!

Snorlax
Snorlax

Most of these businesses are subsidized with venture capital funds. Even Uber is still losing money on each ride. American Express probably got a killer deal on Uber credit due to VC subsidies so it’s a benefit they can provide very cheaply.

We can enjoy the discounts as long as the fountain is open.

Eric
Eric

How do you know they are losing money on each ride? If that’s the case how is that a sustainable business?

sybloc
sybloc

If Chef’d has ceased operations why is the website fully operational?

Something is off.

Michael H
Michael H

Looks that way, but if you try to order anything it says:

“Error

Due to some technical difficulties we can no longer accept orders as of right now. We apologize for any inconvenience.”

Amy
Amy

Just on the outside chance anyone else is in the same situation, your thoughts would be appreciated. I ordered $119 worth of meals on July 15 expecting a delivery that never came, no email, no notice, no refund. (We were on an island with no bridge and only a small overpriced market!) They ceased operations on July 16. They do not respond to emails or calls and I have had no luck finding a way to contact someone for a refund. I am holding one last $50 gift card – I will ask Costco about a refund on that one. I hope I’m not out the $119 for goods promised that never arrived. Thanks folks!

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