Date post: | 14-Sep-2014 |
Category: |
Business |
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Blue Bo'le Coffee; true ar.sanal joe
Blue Bo'le Coffee is ushering in a new genera.on of coffee
shops, according to an ar.cle posted recently by Bloomberg
Businessweek.
The ar.cle, wri'en by Bloomberg contributor Joel Stein, describes the atmosphere, menu, and perhaps most notably, the owner of Blue
Bo'le Coffee, a 13-‐store chain based in Oakland, California.
Stein describes owner and founder James Freeman as, “the guy PBS producers would have sent in to calm Mr. Rogers down… Calm.
Simple. Exact.”
He also happens to be running what Stein describes as one of the most a'rac.ve opera.ons in the industry
in terms of investors;
Blue Bo'le has received funding from Google Ventures, True
Ventures, Instagram co-‐founder Kevin Systrom, Twi'er co-‐founder Evan Williams, Flickr co-‐founder Caterina Fake, WordPress founder
Ma' Mullenweg, and former Google execu.ve Chris Sacca.
According to the ar.cle, in 2012 the company raised nearly $20 million in venture funding, and another $25 million in January of this year.
The Difference is in the Details
So what makes the company so appealing? The author argues it’s Freeman’s me.culous approach.
According to Stein, Freeman does only 20% of sales wholesale,
compared to his compe.tors’ rate of nearly 75%, because he’s afraid
people in other shops will brew his coffee incorrectly.
He sells his coffee only in one major grocery store, California Whole
Foods, where he is, “trea.ng it like milk, puang it into a box with a
four-‐day sell-‐by date.”
His perfec.onist aatude has led to a rapid period of growth for Blue
Bo'le Coffee, which recently used some of their venture funding to
purchase Handsome Coffee Roasters, design new stores in Los Angeles, and begin expansion plans
for a Japanese opening.
It also, according to Stein, hasn’t always been so kind to him.
Freeman’s wife described the shop’s owner in his younger years in
Humboldt County, telling Stein that, “Everyone listened to AC/DC… James rebelled by playing the clarinet and listening to opera.
He got beat up and couldn’t wait to leave… When we started da.ng he’d heard of the Beatles, but he never
listened to the Beatles.
James is a nerd.”
Nerd or otherwise, one thing is for certain: James Freeman and Blue Bo'le Coffee are on the rise.