Article author here...<p>The critique about comparing P/E's is fair, but my point was really that Sprig & friends are restaurant chains vs traditional tech co's--and restaurant chains actually have decent P/E ratios, which totally shocked me. I was expecting restaurant chains to have P/E's in the 1-10x range, not 30-70x!<p>From a VC perspective, investing in a restaurant chain looks like a good idea if you can actually make the E in the P/E (ie turn a profit). I don't know about you all, but this was surprising to me.<p>Also, to address another point that some people made: Sprig & SpoonRocket use the delivery drivers as mobile storage units carrying pre-prepped & heated meals in the trunk. They don't do point-to-point pickup & delivery, which is how they can deliver so fast, cover so much geography and leverage their smaller real estate footprint.