Having a business on Sand Hill Road just opens up all sorts of possibilities to fledgling entrepreneurs.
Close proximity to a boatload of venture capital means that your brick-and-mortar may actually qualify for some of it, IF you can prove you have the right vision and strategy.
Case in point? Blue Bottle Coffee.
If you roast it, will they come?
Evidently. In droves.
Venture capitalists love the next big thing. And hordes of caffeine-starved fans spell lots of $$$. But note that this isn’t a tech company. There’s no app. It’s an EXPERIENCE. No ambiance to speak of…the cafes are very minimalist and bare, there is not a large assortment of supplemental products offered to customers (e.g. CDs, travel mugs, Kind Bars or cake pops)…no, it’s the consistency and quality that have raised millions of dollars in seed funding to bring a unique coffee experience to aficionados.
Like Apple, Blue Bottle assumes that the best customer experience is one in which all of the hard decisions have been made—correctly—in advance. (Genius Barista by Will Oremus, Slate).
You won’t find a Blue Bottle café on the corner of every metropolitan street or avenue. The name is not ubiquitous. Each café has its own look, nonconformist in layout but still comfortable and down to earth. The exterior doesn’t scream GET YOUR COFFEE, HERE!!! It’s quietly cool…muted.
But investors are taking notice. It’ll be interesting to see how much the Blue Bottle vision changes over time as more and more money gets thrown at the venture. Will they go mainstream? Time will tell.