Seamless and Grubhub, as Gawker's Caity Weaver notes, are "two online food-ordering companies whose business model consists of providing a service that is already available for free." Both companies have decided to continue this massive joke on postgrads sitting in their common room shouting out dumb business ideas nationwide, announcing today that they will now merge into one mega steamed dumpling.
Some details about the agreement:
- The CEO of Grubhub will become the CEO of the new company
- The CEO of Seamless will become the President of the new company
- The new company does not have a name yet.
- Don't expect this to change anytime soon. Names, like goods and services that don't cater to general human idiocy and "not having one's shit together," (example: "I just ordered seemless. I totally don't have my shit together.") are very old-fashioned nowadays. Today, the best businesses might not be business at all.
- Neither company paid money--another antiquated concept--to acquire the other
- This is playing out very much like watching two celebrities patting themselves on the back by having a conversation on twitter about absolutely nothing.