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Pandemic fuels mergers and acquisitions in the restaurant industry

The restaurant industry has lost 110,000 restaurants, according to the National Restaurant Association. And, based on a Cowen analysis of the past three recessions, 90% of closures have occurred among independent operators who were ill-prepared for a prolonged pandemic that required full-service establishments to depend on off-premise sales to survive. But it hasn t been bad news for all of the industry.  The purging of restaurants is expected to leave $39 billion in sales up for grabs, according to Cowen.  That s created an opportunity for well-financed multi-unit operators and private-equity backed restaurant companies to strike. These big restaurant players are seizing a moment in a crisis to increase market share by buying solid brands found flatfooted during the pandemic.

Bay Area Reporter :: Homing s In, Dec 25-Jan 2

ARTS Alice in Californiland AXIS dance revises their performance of the magical strange dance-tale of a young girl s journey. https://www.axisdance.org/ Broadway on AirBnB Promotional-sponsored performances by a variety of talents: Tittus Burgess, cast members from Moulin Rouge, Mrs. Doubtfire, and more, plus dance, yoga, tarot and circus classes. $10-$50. www.airbnb.com Broadway Performers For Broadway fans, Tony-winning performers perform new concerts, and classic shows are streamed as well. https://www.broadwayworld.com/ A Christmas Carol: On Air American Conservatory Theatre s annual staging of the Charles Dickens classic novella is this year a radio play with dozens of performers. (Free tickets for frontline, essential and arts workers) https://www.act-sf.org/

Bay Area Reporter :: Homing s In Dec 18-26: arts, nightlife and community events

Some are viewable day or night. What? Like you re going anywhere? ARTS Alice in Californiland AXIS dance revises their performance of the magical strange dance-tale of a young girl s journey. https://www.axisdance.org/ Ballet22 In a blend of classical ballet, pointe work and contemporary styles, the new Oakland-based company Ballet22 will premiere new dances recorded at SF s ODC Theater, some with a modern holiday edge. The program, titled Breaking Ground, premieres December 11, will include a modern take on the Sugar Plum Pas de Deux from The Nutcracker; Juntos, a neo-classical work by Cincinnati Ballet Soloist Joshua Stayton; and a world premiere by Artistic Director of Boca Tuya, Omar Román de Jesús. Concerts stream Dec. 18-20 at 5pm & 8pm. Tickets range from $20-$250. (Read the article in last week s B.A.R.) www.ballet22.com

New book, Island Visions, offers some California wonder while we re all staying close to home

Jacob Seigel Brielle. Photos: Courtesy In the early days of the the pandemic, Berkeley-based, independent production company Pedal Born Pictures, founded by brothers Jacob Seigel Brielle and Isaac Seigel-Boettner, made two beautiful films for Berkeleyside showing what the city looked like on lockdown, one shot from a drone, the other from the street. Pedal Born’s bread and butter is telling stories through film for clients like National Geographic, World Bicycle Relief, Bellwether Coffee and UC Berkeley. Their latest project, however, is not a film. It’s a book. ‘Island Visions’ is available to order online from Maps.com and will be in bookstores soon.

This VC introduced Palantir s first business hire to its earliest engineer, then his business took off

This VC introduced Palantir s first business hire to its earliest engineer, then his business took off
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