A Diamond’s Eye View of the World

a multi-faceted look at the middle east, and the middle west

bar by consensus

Posted by adiamondinsunlight on November 14, 2009

Now that Lebanon has a government, its time to celebrate. But where to go to toast the new cabinet?

In honor of the consensus government, how about a consensus bar?

how about … mybar?

LOGO

Of course, there’s a catch: mybar doesn’t exist yet. That’s where all of you come in. And as with many things, all it takes is money.

Here’s what mybar’s board of directors has to say:

mybar is an innovative and exciting approach to bar ownership that provides you with a unique opportunity to fulfill your dream of owning a bar. You can choose to invest in one of four different levels of ownership. You decide how much you want to invest, and you benefit from all the perks of being a mybar owner. As a Barnote owner you receive a percentage of voting rights, weekly sales reports, and an annual dividend distribution. Simply put, mybar lets you… Own it. Live it. Profit.

I’ve actually never dreamed of owning a bar. And the main “perks” of ownership, at least at the low-end $2,000 “owner” investment level, seem limited to “access to weekly sales and cost reports” and “name engraved on plaque entrance”. (Let’s gloss over the weird grammar of this latter perk – I assume it means: “name engraved on plaque at mybar’s entrance”.) In any case, the fusty investor in me would like to point out that $2,000 would put you almost 60% of the way to a nice Berkshire Hathaway Class B share. Perks of that investment include an invitation to the annual shareholders’ meeting, which is not only a total hoot (and a real slice of midwestern Americana) but itself a pretty good provider of access to some very interesting, if old-school, investment thinking.

Oh, but wait. This mybar perk might truly tip the scales for some of you: If you invest now, before the first $1,000,000 has been raised, you will be eligible to vote on the three options being considered for mybar’s theme.

Actually, the three options are really more like two, plus a blank space.
Here’s option one:

Think of a London or New York loft with large windows, high ceilings and wooden floorboards styled for a sophisticated drinking and dining experience. A long bar crafted to host a selection of the finest cocktails. The sound of urban modern jazz playing in the background keeps your feet tapping but conversations going. You can choose to sit on the large plush leather couches and enjoy that whiskey on the rocks or a dry Martini, or choose the high chairs and bar tables for a round of shots.

Here’s option two:

Inspired by Las Vegas and Miami night clubs, this concept boasts large spaces that allow you to let loose and absorb the lights and sounds of upbeat progressive music.  Whether you are on the dance floor or chilling out on the surrounding bed sized couches this concept will provide the perfect venue for a night of debauchery.

Excellent. The last time I went out to bars on a regular basis was around 2004, which means that I will feel right at home in either theme. In other words: yawn.

Which brings us to option three:

mybar – 1344 Park Avenue,  Beirut, is situated in the heart of the Beirut Central District. If you have a concept or an idea of what the next trendiest bar in Beirut should look like then start a thread on the wall describing it and see if your fellow Barnote owners agree with you. If so, your idea might be chosen as one of the three final concepts that Barnote owners vote on.

Please save mybar from being invaded by people who think that lychee martinis are hip. If you invest, please help your fellow barnote’rs and submit a new theme along with your investment application. Think of it as working toward a new consensus🙂.

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