1
00:00:00,280 --> 00:00:03,200
Speaker 1: This is the Fitting and Whipper with Kate Richie podcast.

2
00:00:03,440 --> 00:00:06,320
Speaker 2: Menu Lock's done and dust it. It's wrapping up in

3
00:00:06,360 --> 00:00:10,920
Speaker 2: two weeks time. November twenty six. Is this the Snoop Dog?

4
00:00:10,960 --> 00:00:12,760
Speaker 2: Can you turn that up? If you got Snoop doggs

5
00:00:14,760 --> 00:00:20,480
Speaker 2: me get deliver like a see Snoop Dot was paid

6
00:00:20,560 --> 00:00:24,480
Speaker 2: ten million dollars. Why they've gone under? Have you got

7
00:00:24,520 --> 00:00:26,600
Speaker 2: the Katy Perry one there, Jess?

8
00:00:26,960 --> 00:00:28,360
Speaker 1: Did somebody say.

9
00:00:29,880 --> 00:00:34,120
Speaker 2: Katy Perry was paid nine million dollars?

10
00:00:34,120 --> 00:00:38,760
Speaker 1: So Menu log were an Australian business? No, no, no,

11
00:00:39,120 --> 00:00:41,839
Speaker 1: it was first to market here, weren't they? Was it? Well?

12
00:00:41,840 --> 00:00:42,080
Speaker 1: It was.

13
00:00:42,240 --> 00:00:45,320
Speaker 2: It was bought by Just Eat Takeaway now just Eat

14
00:00:45,360 --> 00:00:49,360
Speaker 2: his own by a guy called Leon Kamenev. Leon's got

15
00:00:49,400 --> 00:00:52,840
Speaker 2: a house in forre clues that's worth over two hundred

16
00:00:52,840 --> 00:00:53,720
Speaker 2: million dollars.

17
00:00:54,480 --> 00:00:57,240
Speaker 1: Yeah, but the the story goes million dollars for a house.

18
00:00:59,000 --> 00:01:01,600
Speaker 1: But I thought the only house like that was Ozzie

19
00:01:01,640 --> 00:01:03,840
Speaker 1: John's on the water there. Do you know the thing

20
00:01:03,960 --> 00:01:05,880
Speaker 1: is with the Menulogue sale too. I'm going to get

21
00:01:05,920 --> 00:01:08,039
Speaker 1: all my numbers wrong, and anybody that knows this deal

22
00:01:08,080 --> 00:01:09,640
Speaker 1: it took place, is going to listen to me. Going

23
00:01:09,640 --> 00:01:11,440
Speaker 1: shut up you don't know what you're talking about, but

24
00:01:11,480 --> 00:01:13,200
Speaker 1: I'll give you the rough idea of the story of

25
00:01:13,200 --> 00:01:17,199
Speaker 1: what happened. They valued menulog And around a little under

26
00:01:17,720 --> 00:01:20,959
Speaker 1: three hundred million when it was up for sale. They

27
00:01:21,000 --> 00:01:23,760
Speaker 1: then got somebody at Goldman Sachs or wherever a group

28
00:01:23,800 --> 00:01:27,199
Speaker 1: to go and sell it. And when the offer came

29
00:01:27,440 --> 00:01:31,800
Speaker 1: through to buy it, it's sat at around six hundred

30
00:01:31,959 --> 00:01:35,520
Speaker 1: and something million dollars. They only wanted about three hundred

31
00:01:35,560 --> 00:01:37,920
Speaker 1: or that's where they saw the value of it. So anyway,

32
00:01:37,959 --> 00:01:42,480
Speaker 1: the guy at Goldman sachsid, Yeah, great, six hundred is good.

33
00:01:42,640 --> 00:01:44,320
Speaker 1: If you can come back to me with a seven

34
00:01:44,360 --> 00:01:46,480
Speaker 1: in front of it, then I reckon, we've got a

35
00:01:46,520 --> 00:01:53,360
Speaker 1: deal and someone paid why above huge overs for Menulog serious.

36
00:01:53,080 --> 00:01:56,760
Speaker 2: And it's just unfortunately it just hasn't worked well. So

37
00:01:57,240 --> 00:02:01,320
Speaker 2: they do they declare that they're two weeks November twenty

38
00:02:01,320 --> 00:02:03,800
Speaker 2: six is done and dusted. You might be seeing menu

39
00:02:03,880 --> 00:02:07,440
Speaker 2: log anymore to competition or one hundred and twenty workers

40
00:02:07,480 --> 00:02:11,480
Speaker 2: who deliver and we're just they've lost their jobs unfortunately.

41
00:02:11,480 --> 00:02:14,080
Speaker 2: So I don't know who's got the market here in Australia.

42
00:02:14,160 --> 00:02:18,440
Speaker 2: Is it uber Eats or is it so delivery door Dash.

43
00:02:19,280 --> 00:02:21,920
Speaker 1: I don't know. Can I ask a question? I thought

44
00:02:21,919 --> 00:02:23,760
Speaker 1: if you worked for one, you kind of worked for

45
00:02:23,800 --> 00:02:27,800
Speaker 1: them all. So you picked up the job based on

46
00:02:28,639 --> 00:02:30,960
Speaker 1: when it came through in your availability. I didn't think

47
00:02:30,960 --> 00:02:33,280
Speaker 1: it was No. You do a bit of menu log,

48
00:02:33,320 --> 00:02:34,760
Speaker 1: you do a little bit of Uber eats, you do it.

49
00:02:34,880 --> 00:02:37,640
Speaker 2: You just hire out your ebike, come up for anyone,

50
00:02:38,320 --> 00:02:40,919
Speaker 2: see you later. I'm more than happy to hook up

51
00:02:40,919 --> 00:02:42,760
Speaker 2: with any Yeah, I'll deliver it.

52
00:02:44,240 --> 00:02:48,280
Speaker 1: You know, it's true, like you would assume delivery deliver

53
00:02:48,320 --> 00:02:52,320
Speaker 1: who felt Australian because of the Kangaroo, But it's not.

54
00:02:52,800 --> 00:02:53,400
Speaker 2: It's gone?

55
00:02:53,919 --> 00:02:57,720
Speaker 1: Is delivery gone because it was big in the UK

56
00:02:57,960 --> 00:03:00,160
Speaker 1: for a long time. Foodora is another one.

57
00:03:01,440 --> 00:03:04,360
Speaker 2: But see Zoom to you.

58
00:03:04,560 --> 00:03:07,359
Speaker 1: Has got fifty four percent of the market right here

59
00:03:07,360 --> 00:03:08,000
Speaker 1: in Australia.

60
00:03:08,080 --> 00:03:11,320
Speaker 2: Yeah, when you're forking out twenty million dollars for two

61
00:03:11,360 --> 00:03:15,040
Speaker 2: big names to promote menu logue, I mean, can you

62
00:03:15,320 --> 00:03:19,480
Speaker 2: justify getting through to your shareholders a twenty mel for

63
00:03:19,600 --> 00:03:21,639
Speaker 2: Snoop and Katy Perry didn't work?

64
00:03:21,840 --> 00:03:23,399
Speaker 1: You and I would have done it for five mel.

65
00:03:24,000 --> 00:03:27,400
Speaker 1: You know, Menulog has apparently got twenty four percent of

66
00:03:27,440 --> 00:03:27,880
Speaker 1: the market.

67
00:03:27,960 --> 00:03:29,320
Speaker 2: No they can't have that much.

68
00:03:29,320 --> 00:03:31,320
Speaker 1: You wouldn't go out of business if you got twenty

69
00:03:31,360 --> 00:03:32,560
Speaker 1: four percent of the market.

70
00:03:32,720 --> 00:03:35,160
Speaker 2: Well, at least you would have been more believable, you

71
00:03:35,160 --> 00:03:37,000
Speaker 2: know what I mean, Like you would have loved you

72
00:03:37,000 --> 00:03:39,400
Speaker 2: would have would have loved it rocking up. You know.

73
00:03:39,920 --> 00:03:41,600
Speaker 2: It just would have been a great add of to

74
00:03:41,920 --> 00:03:44,320
Speaker 2: see your face, to see how excited you were when

75
00:03:44,360 --> 00:03:49,000
Speaker 2: your delivery arrived. Not Katy Perry. Katy Perry doesn't use menulogue,

76
00:03:49,160 --> 00:03:53,040
Speaker 2: Menu hog, that's snoop? Would I reckon snoop after a

77
00:03:53,040 --> 00:03:56,440
Speaker 2: big session with the lads, like he would be so hungry,

78
00:03:58,240 --> 00:04:01,760
Speaker 2: burgering was all round? Does he get? I mean, when

79
00:04:01,800 --> 00:04:04,400
Speaker 2: you're the face of menu long, you just get free delivery,

80
00:04:04,400 --> 00:04:05,840
Speaker 2: You're still going to pay for the food. You're not

81
00:04:05,920 --> 00:04:06,920
Speaker 2: ripping off the restaurant.

82
00:04:06,960 --> 00:04:08,840
Speaker 1: Say, do you know I had? I had won the

83
00:04:08,880 --> 00:04:11,480
Speaker 1: other night again where it got dropped off at my place,

84
00:04:11,520 --> 00:04:14,920
Speaker 1: but it wasn't for me, so I didn't know what

85
00:04:14,960 --> 00:04:16,200
Speaker 1: to do, and I said, have left it out the

86
00:04:16,200 --> 00:04:16,960
Speaker 1: front for a while.

87
00:04:17,279 --> 00:04:19,679
Speaker 2: You know you're you're not handing that back.

88
00:04:20,000 --> 00:04:23,320
Speaker 1: You're a beautiful chick. And McCartney too with garlic nahn

89
00:04:24,120 --> 00:04:26,120
Speaker 1: and I was like, am I ripping off my neighbors?

90
00:04:26,200 --> 00:04:29,480
Speaker 1: Or is this driver just not caring and he's left it?

91
00:04:29,880 --> 00:04:30,440
Speaker 2: What did you do?

92
00:04:30,640 --> 00:04:32,400
Speaker 1: I just watched it at the front for about ten

93
00:04:32,440 --> 00:04:35,000
Speaker 1: minutes and then went on, well, looks like I'll have

94
00:04:35,040 --> 00:04:39,440
Speaker 1: that chicken. McCarney. Oh sorry, If the neighbors have gone over.

95
00:04:39,960 --> 00:04:42,360
Speaker 2: Some bloke would have. That would have cost you because

96
00:04:42,400 --> 00:04:43,520
Speaker 2: he would have had to pay for it.

97
00:04:43,640 --> 00:04:46,680
Speaker 1: Love That Neighbors. Whipper with Kate Ritchie is a Nova

98
00:04:46,720 --> 00:04:50,440
Speaker 1: podcast walk great shows like this. Download the Nova Player,

99
00:04:50,600 --> 00:04:54,919
Speaker 1: find the app store or Google Playing the