Picnic
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Retail
- Founded
- 2015
- Employees
- 5565
- Stage
- scale-up
Zuckerberg's yacht, Meta's layoffs, a robot pizza flameout, and a reality check on AI expenses
This week on the show: Mark Zuckerberg's superyacht arrives in Seattle the same day Meta discloses nearly 1,400 local layoffs, robot pizza startup Picnic flames out and sells to a mystery buyer, and corporate America confronts the rising cost of AI, including the leaderboard-gaming practice known as "tokenmaxxing." And we return to the theme of billionaire yachts for our trivia challenge. With GeekWire co-founders Todd Bishop and John Cook. See omnystudio.com/listener for privacy information.
Seattle Startup Picnic Shuts Down, Sells $50M Pizza Robot Assets to Undisclosed Buyer in May 2024
Seattle-based food automation startup Picnic, which raised about $50 million to develop pizza-making robots, has shut down and liquidated its assets after becoming insolvent. Its assets and intellectual property were sold to an undisclosed buyer in May 2024 through a liquidation process overseen by CMBG Advisors.
Highspot Takes No. 1 Spot on GeekWire 200 Startup Ranking After Outreach’s Layoffs and CEO Departure
Seattle-based sales enablement company Highspot has claimed the No. 1 spot on GeekWire's 200 ranking of privately held startups in the Pacific Northwest, replacing Outreach which recently downsized and saw its CEO step down. The GeekWire 200 ranking reflects changes in the dynamic startup landscape based on factors like funding, employee growth, and layoffs.
People
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Clayton Wood Executive, Former CEO
