Putting on my economist hat (I really do have one; it has glitter), I see this as a great opportunity for arbitrage. Another word for arbitrage is scalping. You could imagine someone buying seats ahead of time and then selling them to the highest bidder any time before the day of the dinner. This presupposes that people would be willing to pay more than $150 to $250 for a seat, but I think they will, given the artificial scarcity.
tim
· 1 year ago
"Tom: Get Off Your High Horse and Open a Real Restaurant That Serves People Monday, Wednesday, Thursday, and Friday too."
I really don't get this snarky comment. He has what? 11 restaurants. He has done his bit for king and country - this is something different for him so my suggestion is for you to get off your high horse...
(have no intention of trying for a reservation - too many interesting things to do to waste my time on then scheduling a dinner in a city 800 miles away)
Paulo
· 1 year ago
Tim,
Get of your high horse - the number of restaurants the man has established has nothing to do with the issue. He is asking paying customers to pay, in advance, for a meal they know nothing about. This is a big step.
I think you'll agree it is a little arrogant.
Dana
· 1 year ago
Let's be honest as a restauranteur it is his prerogative to have a restaurant that is only open Tuesdays (no need to discuss the randomness of choosing Tuesday as your particular day of business).
I do have to agree with Kim though that the demands he places on us consumers, who love Tom Colicchio and tend to think he can do no wrong, are a bit ridiculous for us to swallow. Selecting some Tuesday at least six-weeks in advance, keeping it mind that it is only alternating Tuesdays, and on top of that requiring we prepay for the dinner... Tom that is too much. If you do not recognize that this is ridiculous, then you need to seriously examine how profitable restaurants run their business for a comparison (no disrespect because no doubt this will be very profitable for him, just indicating that it is very arbitrary)
Alas, I might be open to that scalping idea because i'm not one to plan in advance and I'm pretty sure that I will still try to eat here. mmm...delicious
Dennis
· 1 year ago
I too think this idea is ridiculous and I won't stand for it. good day to you Colicchio. good day
All Comments
I really don't get this snarky comment. He has what? 11 restaurants. He has done his bit for king and country - this is something different for him so my suggestion is for you to get off your high horse...
(have no intention of trying for a reservation - too many interesting things to do to waste my time on then scheduling a dinner in a city 800 miles away)
Get of your high horse - the number of restaurants the man has established has nothing to do with the issue. He is asking paying customers to pay, in advance, for a meal they know nothing about. This is a big step.
I think you'll agree it is a little arrogant.
I do have to agree with Kim though that the demands he places on us consumers, who love Tom Colicchio and tend to think he can do no wrong, are a bit ridiculous for us to swallow. Selecting some Tuesday at least six-weeks in advance, keeping it mind that it is only alternating Tuesdays, and on top of that requiring we prepay for the dinner... Tom that is too much. If you do not recognize that this is ridiculous, then you need to seriously examine how profitable restaurants run their business for a comparison (no disrespect because no doubt this will be very profitable for him, just indicating that it is very arbitrary)
Alas, I might be open to that scalping idea because i'm not one to plan in advance and I'm pretty sure that I will still try to eat here. mmm...delicious