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What it costs to open a Culver's, the beloved midwestern burger brand


The Wisconsin fast-food chain Culver s is the top-rated burger brand in the Franchise 500.
It now has 765 locations across 25 states that generate average sales of $2.5 million per year.
Culver s franchise-startup investment is higher than other brands, but ongoing costs are lower.
Craig and Lea Culver founded their restaurant in 1985 with two simple premises: top-notch customer service and a bit of butter makes a better burger.
Culver s has since expanded from its home base in Sauk City, Wisconsin, to become a quintessentially Midwestern brand, now with 765 locations across 25 states.
Recent company disclosures said that Culver s saw systemwide sales of more than $1.7 billion in 2019, and the franchise is the top-ranked burger brand of Entrepreneur s Franchise 500 for 2021, based on a rigorous evaluation of 150 data points. ....

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Twilio cofounder Jeff Lawson: Business leaders should listen to their engineers about when to scrap a project


Twilio cofounder Jeff Lawson: Business leaders should listen to their engineers about when to scrap a project
Twilio cofounder Jeff Lawson: Business leaders should listen to their engineers about when to scrap a project
Jeff LawsonFeb 8, 2021, 20:18 IST
Twilio co-founder and CEO Jeff Lawson.Twilio
Jeff Lawson is the CEO and cofounder of Twilio.
The following is an
In it, he says he made the mistake of not listening to his engineers once, and it cost Twilio over $1 million of startup money.
So you run an experiment and one of three things can happen. You strike gold; you strike out; or you find yourself somewhere in the fuzzy middle. ....

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Gowalla raises $4 million from GV and Spark for its AR social app – TechCrunch


Gowalla raises $4 million from GV and Spark for its AR social app
The newly resurrected Gowalla wants to realize its mobile dreams from the early-aughts in an augmented reality world, and they’ve raised some new funding to make it happen.
The AR startup tells TechCrunch that it has raised $4 million in seed funding co-led by Google’s venture arm GV and Spark Capital. Other investors include Niantic, Upside Partnership, Otherwise Fund, Capital Factory, Form Capital and a host of angels like April Underwood, Leah Culver, Jason Calacanis, John Lilly, Scott Belsky, Dennis Crowley, and Dave and Brit Morin at Offline Ventures. ....

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