The $ is going towards the employee group's legal & other fees associated w/its effort to buy the company. Sapporro bought Anchor Brewing for about $85 million. Even at a 50-75% discount in bankruptcy, $70k isn't going to go far towrds buying the company. LOL!!!
Okay Mastadonians, let’s use the power of the Fediverse to save an institution!
Our beloved Anchor Brewing recently closed down, but its workers have formed a co-op and are trying to purchase the company and bring it back to glory! They’ve started a GoFundMe to raise money, and they’ve already beaten their goal of $50K in just 2 days!
Let’s keep the momentum going, donate below! Who knows, maybe we haven’t had our last Steam Beer yet! Cheers! #SaveAnchorBrewing #AnchorBrewing #CraftBeer
#saveanchorbrewing #anchorbrewing #craftbeer
Looks like the $50k is only going towards their legal fees or as is stated in their Go Fund Me page:
"We need the community's help to cover our costs as we explore the possibilities of worker ownership."
The cost of buying the entire company will cost millions but, if the employees can be like Elon & Trump, maybe they can get other people's money to fund the purchase based on taking an equity interest in the restructured company but they'll need access to the company's financials to swing that and Sapporo doesn't seem to want to release them because -- cough, cough -- they are in the midst of bankrupty proceedings.
The workers at the now closed Anchor Brewing in San Francisco are attempting to buy the company and reopen as a worker owned coop. You can help,
#craftbeet #anchorbrewing #laborday #worlerowned #coop
Five weeks later, and the Total Wine on Stevens Creek still has a lot of Anchor Steam in stock; a friend also confirmed he found it on tap up in the City. Which kinda tells you everything you need to know.
#beer #anchorbrewing #sanfrancisco #anchorsteam
I romantically would like to think my wild #SanFrancisco #sourdough starter has a bit of the #AnchorBrewing yeast in it, but I suspect that strain is not part of the #ColeValley microbiome. Maybe our fog adds something, though!
#sanfrancisco #sourdough #anchorbrewing #ColeValley
Ok, nostalgia purchase, I admit. Bet they wish people bought their beer as much before as we are now. #beer #anchorbrewing
NEWS: Efforts Take Shape to Buy Anchor Brewing
It was expected that various forms of interest in buying Anchor Brewing Company would surface after it was announced last week that the historic brewery was closing. Two separate attempts to buy the brewery are now gaining attention, although both appear to be a long shot.
Read the full story here: https://zurl.co/pSCW
#anchorbrewing #craftbeer #craftbrewery
NEW! Say goodbye to Anchor Brewing but treasure these #anchorbrewing #bottlecap #beerings forever 🍻
#craftbeer #beercrafts #beerlovers #beerjewelry #beerstodon #oceanvibes #indiechallenge #ShopHandmade
https://www.etsy.com/listing/580570219/craft-beer-bottle-cap-earrings
#anchorbrewing #bottlecap #beerings #craftbeer #beercrafts #beerlovers #beerjewelry #beerstodon #oceanvibes #indiechallenge #shophandmade
Christmas in July, I guess. I am at the Anchor brewery, in the Potrero Hill district of SF, arguably the oldest craft brewer in the US, which is shutting down at the end of this month. They are selling out their remaining beer, which includes what was going to be their 2023 Christmas Ale, and that is what I am drinking. #beer #sfba #anchorbrewing
RIP odd lager. You deserved better than what #sapporo did to you. #anchorbrewing
https://www.sfchronicle.com/projects/2023/anchor-brewing-timeline/ You don’t buy a 122 year old icon and then run it into the ground in five years to unceremoniously sell it for scrap. You had one job, to steward Anchor for the foreseeable future, you failed. Sapporo has committed a grave sin against Anchor and San Francisco. #sapporo #anchorBrewing #anchorSteam #SanFrancisco #stoneBrewing
#stonebrewing #sanfrancisco #anchorsteam #anchorbrewing #sapporo
Thinking about Anchor Brewing still - take a stroll back in time to The Beer Hunter, Michael Jackson’s interview with Fritz Maytag from 1989:
#sf #beer #anchorbrewing #sfbeer
Today on KNBR, Larry Baer, SF Giants President, hinted at buying Anchor Brewing company.
There's a strong history keeping iconic SF brands alive.
Not sure if it is the brand or if they'd do a re-brand.
Please say it ain't so! Apparently my all-time favorite brewery is shutting down.... https://www.sfgate.com/food/article/san-francisco-reacts-to-anchor-brewing-closure-18197647.php
It was best when served from a tap, and not too cold, IMO. Here's a picture of it in a can...
#anchorbrewing #anchorsteam #beer #worstdayever
The loss of #AnchorBrewing is personal. I drank a draft pint of #AnchorSteam at a now-forgotten bar in SOMA the literal moment I first arrived in #SanFrancisco around lunch time on May 28, 1993. The beer was just one signifier of my journey, but I knew then this city would be my love and my home.
#anchorbrewing #anchorsteam #sanfrancisco
#AnchorBrewing, “the oldest operating craft brewery in the United States is dead.” Whodunnit? There’s a “story Sapporo's PR goons are selling and the San Francisco Chronicle is buying. It's not true.” https://defector.com/anchor-brewing-was-san-francisco