10
Blue Bottle Buys Tonx

Mat Honan, writing for Wired:

It’s also a good deal for Tonx, which was attempting to raise more money to purchase its own coffee roaster (it currently has a contract deal where it rents one on the weekends) and open a store front. While neither announced a price, Tonx did abandon a $4 million fundraising round it had been pursuing recently. Presumably, the deal would be on par with that. It’s a big win for the three year-old roaster that’s based in Los Angeles, but lives all over the Internet.

“Tony and I were still bagging and boxing the coffee ourselves last year, spending all day just listening to podcasts” recalled Bauman. “Tony would go in and sometimes would take eight hours or so of just stamping bags. We’d go and just stamp and listen to [John Gruber’s] The Talk Show or This American Life.”

That’s good company. Congratulations to my favorite coffee roaster.

Monday, 7 April 2014