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	<title>Andrew Ive &#187; $50K Virtual Investment</title>
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	<itunes:summary>Andrew Ive: Startup Soundbites - Podcast of seriel Entrepreneur to help you start and grow your own business. From Starting your own business, to product development, raising angel and venture capial investments, team building, marketing and more. Subscribe to the AndrewIve.com podcast today.</itunes:summary>
	<itunes:author>Andrew Ive</itunes:author>
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		<itunes:name>Andrew Ive</itunes:name>
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		<title>Andrew Ive &#187; $50K Virtual Investment</title>
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		<title>uWink: A $50K Virtual Investment</title>
		<link>http://www.andrewive.com/uwink-a-50k-virtual-investment/</link>
		<comments>http://www.andrewive.com/uwink-a-50k-virtual-investment/#comments</comments>
		<pubDate>Sun, 25 Feb 2007 15:46:45 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Startups]]></category>
		<category><![CDATA[$50K Virtual Investment]]></category>
		<category><![CDATA[Million Dollar Startup Game]]></category>
		<category><![CDATA[Restaurant Concept]]></category>

		<guid isPermaLink="false">http://www.andrewive.com/2007/02/25/uwink-a-50k-virtual-investment/</guid>
		<description><![CDATA[uWink is a restaurant concept that blendsÂ affordable food, hip surroundings and a digital screen that can be used for ordering food, playing games, hitting the internet and getting more ketchup.Â  TheÂ brain childÂ of uWink is Nolan Bushnell, former CEO of Atari and founder of Chuck E. Cheese. Business Model: uWink seems to be driven by a [...]
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			<content:encoded><![CDATA[<p><a href="http://www.andrewive.com/wp-content/uploads/2007/02/uwink.JPG" title="uWink"><img src="http://www.andrewive.com/wp-content/uploads/2007/02/uwink.thumbnail.JPG" alt="uWink" /></a></p>
<p>uWink is a restaurant concept that blendsÂ affordable food, hip surroundings and a digital screen that can be used for ordering food, playing games, hitting the internet and getting more ketchup.Â  TheÂ brain childÂ of uWink is Nolan Bushnell, former CEO of Atari and founder of Chuck E. Cheese.</p>
<p><strong><em>Business Model:<br />
</em></strong>uWink seems to be driven by a similar customer insight to Chuck E. Cheese, that video gamesÂ andÂ foodÂ work well together, but this time the environment has been created for the young and the hip&#8230;allbeit older than the Chuck E. Cheese 5 year old crowd.Â </p>
<p>The food is ordered through digitial screens on the tables and instead of waiters, they have &#8216;runners&#8217;.Â  Want more ketchup?Â  Dive into your computer screen. Oh, and while your there&#8230;play the various computer games.Â  Who&#8217;s that sitting across the table from you? Who cares!Â  You can play a neat new game while eating your cob salad.Â  Doubles anyone?</p>
<p>Or even better, assuming you ever get to talk to the people you came to the restaurant with and they start to get boring&#8230;challenge the tableÂ overÂ to a table vs. table tournament.Â  You never need to talk to another person at dinner, lunch or brunch again&#8230;unless its &#8216;Take that you swine and die like the weakling you are!&#8217; before blasting them into 2050 with your virtual weapon of choice!</p>
<p><strong><em>Some Core Elements:</em></strong></p>
<ul>
<li>Table top food ordering that goes straight through to the kitchen which supposedlyÂ reduces &#8216;human&#8217; error</li>
<li>Games, internet, videos and so on within the table top screen on your table</li>
<li>The menu is reasonably priced and has a good range.Â  Tasty!</li>
<li>Restaurants are divided into different &#8216;zones&#8217;.Â  The larger restaurants have areas that can become an instant quiz show venue or presentation stage</li>
</ul>
<p><strong><em>Likes:</em></strong><br />
As a computer junkie and gamer, the uWink environment attracts and is a great place to while away the hours on a wet and windy winters Sunday afternoon. The food variety is good and the prices are not too bad.</p>
<p><strong><em>Dislikes:</em></strong><br />
It&#8217;s not that I dislike the environment as much as the concept of going to a restaurant with people and then spending most of my time looking at a computer screen.Â  The positioning of the businessÂ seems to beÂ that its bringing gamers out of the darkened recesses of their bedrooms and showing them that is OK to be a gamer and they do not have toÂ &#8217;game&#8217; alone.Â  But the reality is&#8230;once a gamer&#8217;s eyes lock on a great new game, everything else disappears&#8230;even the $11.50 Vietnemese Salad sitting by their elbow delivered not by waiters but by runners and the projected images revolving on the wall.Â  That all becomes just a distraction.</p>
<p>If uWink positioned themselves to the world as the gamers paradise with great food and surroundings then it be telling it like I <a href="http://www.andrewive.com/resources" style="" target="_blank" rel="nofollow" onmouseover="self.status='think';return true;" onmouseout="self.status=''">think</a> it is&#8230;instead they seem to promote the restaurant and &#8216;oh yeah by the way&#8217;, there are computers too so you can play games.</p>
<p>One thing that amused was uWink promotes that fact that they have &#8216;At the Table Ordering.&#8217;Â  I&#8217;ve hadÂ &#8217;At Table&#8217; ordering at every restaurant I&#8217;ve ever been at.Â </p>
<p>Do I <a href="http://www.andrewive.com/resources" style="" target="_blank" rel="nofollow" onmouseover="self.status='think';return true;" onmouseout="self.status=''">think</a> I&#8217;d enjoy an afternoon at a uWink&#8230;Yup! Do I <a href="http://www.andrewive.com/resources" style="" target="_blank" rel="nofollow" onmouseover="self.status='think';return true;" onmouseout="self.status=''">think</a> it will still exist as a business in 5 years&#8230;.hummm, can someone press my screen for me and order some more bread&#8230;</p>
<p><strong><em>My Virtual Investment:<br />
</em></strong>With my virtual $1M, I would lift my eyes from Quake III Gold for 30 secondsÂ to invest $50K in uWink.</p>
<p><a href="http://www.uwink.com/">http://www.uwink.com/</a><a href="http://www.zlio.com/"></a></p>
<p>Andrew<br />
Founder<br />
<a href="http://www.advisorgarage.com/">http://www.AdvisorGarage.com</a>
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<p>Related posts:<ol>
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</ol></p>]]></content:encoded>
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