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A neighborhood coffee shop offers affordable prices and pays baristas higher wages than competitors, making it seem like a local gem. However, it is a venture-backed startup with locations in 65 major cities and a valuation exceeding $200 million. Despite being three years old, the company has redefined the coffee shop business model, attracting significant investment and rapid scaling. The narrative begins in Brooklyn, New York, in summer 2020, hinting at a unique story behind the brand and its operations. The discussion raises questions about whether this model poses a threat to major chains like Starbucks.
