Cocktail Investing Ep. 8 - Getting Buttered Up With Steve Fredette Of Toast, A Restaurant Technology Company

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Includes: BITE, MENU
by: Tematica Research

In this episode of Cocktail Investing, we learn about the bread and butter of restaurant technology from Steve Fredette, president and co-founder of Toast, the customizable, cloud-based, all-in-one restaurant POS and restaurant management system built by MIT foodies. While they many not know it, their company Toast combines aspects of both our Connected Society and Asset-lite investing themes. Steve also offers a few confirming data points on our Food with Integrity investing theme as well.

Tematica's cocktail mixologists, Chris Versace and Lenore Hawkins, talk with Steve about what restaurant owners fear most, what most people get wrong about the industry and what it takes to stay relevant in a fast-changing food world. With Toast serving restaurants ranging from the small fast-casual to larger chains to even Michelin stars, Steve is able to share unique insights into a sector we all experience, but one we rarely get to see behind the curtain, and how restaurants are looking at technology to help drive consumer engagement as well as offset rising minimum wages and other costs.

Companies mentioned on the Podcast

  • Amazon (NASDAQ:AMZN)
  • Beef 'O' Brady's
  • Brass Tap Beer Bar
  • Chipotle Mexican Grill (NYSE:CMG)
  • Costa Vida
  • McDonald's (NYSE:MCD)
  • Pieology
  • Popeyes Louisiana Kitchen (PLKI)
  • Restaurant Brands International (NYSE:QSR)
  • Starbucks (NASDAQ:SBUX)
  • WalletHub
  • Wendy's (NYSE:WEN)