Episode 66: Zume’s Meltdown


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May 08 2024 28 mins   41

In 2015, Alex Garden, the enigmatic co-founder and CEO of Zume, unveiled an ambitious plan to revolutionize the pizza industry with advanced technology and robots. His concept caught the attention of major venture capital funds, including Jerry Yang, co-founder of Yahoo, and SoftBank's $100 billion Vision Fund. With substantial funding and media attention, Zume seemed poised to transform the food industry. However, despite having all the right ingredients, what led to their downfall was so outrageous it will have you scratching your head and questioning how half-baked the management was. This is sure to be one of the most intriguing failures you've ever heard about yet.

 

Tune in to Episode 66 of The Great Fail to hear the full story. Special thanks to Joanna Fantozzi for her contributions to this segment.



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