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Katherine Argent
Katherine Argent@effthealgorithm·
A month of $9 lattes from Starbucks costs $225 (plus an added 20% if you tip). A month of lattes from home costs $71.34 and that’s if you’re buying a brand new (admittedly low end but functional) machine every month. But who does that? Once the sunk costs of the machine are paid for, your monthly cost is $16.35 for a month of lattes… or $0.66 each. $9 vs $0.66. Not hard to understand is it? In what universe is getting dressed, finding a parking spot, standing in line to order, waiting in another line for pickup, looking for a place to sit and deciding there’s nowhere actually comfortable so you might as well take that latte home or drink it in the car on your way to work is somehow worth the actual cost? A month of Starbucks vs. your internet and Netflix for the month. A month of Starbucks vs an entire week of groceries. A month of Starbucks vs not lining the pockets of a guy who made $95.8 million in 2024 (that’s 6,666 times the average barista’s pay, by the way). Get wrecked, Starbucks. You’re out of touch.
Katherine Argent tweet media
Culture Crave 🍿@CultureCrave

Starbucks CEO defends a $9 coffee ☕️ • Says it can be worth it for a 'premium experience' — examples include a nice place to sit and friendly baristas • He thinks some people look at it as 'really affordable' because it's 'less than $10' "In some cases, $9 does feel like you're splurging ... that means we have to make it worth your while" (via @WSJ)

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Interestedineverything
Interestedineverything@BizDevGrow·
@effthealgorithm The real crazy one is when you do the math on a cup of drip coffee. They’re charging $3-$4 per cup for crappy black coffee that costs them about $0.05 to make
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Katherine Argent
Katherine Argent@effthealgorithm·
@BrettChapman_ @BizDevGrow Yeah but after adding foamed milk, vanilla, caramel, unicorn sweat, and two packets of your preferred white powder, no one knows what their beans taste like.
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