Burning cash, Fast.
“Fast, a buzzy startup that attracted more than $120 million in investment to help people expedite online purchases, is shutting down, according to the company’s chief executive, Domm Holland.” | learn more
“Fast, a buzzy startup that attracted more than $120 million in investment to help people expedite online purchases, is shutting down, according to the company’s chief executive, Domm Holland.” | learn more
“The advice is meant for anyone joining the early stages of a hypergrowth team (15-150 people; multiplying in revenue, investments and/or headcount). Usually in the first 1-3 years of a startup. Most of the advice I would not give in […]
A short perspective on making the leap from conserving cash at all costs to using cash at all costs. | learn more
“Just six weeks earlier, in October 2020, Petal had finalized pricing for manufacturing its germ-freezing trash can, which consumers could use to get rid of germs in their trash and eliminate odors. Then, the cost of manufacturing the product shot […]
This isn’t a startup, but it’s certainly innovation. “Japan’s Daikin has kicked off an air conditioning “subscription” service in Africa that let’s users turn on the AC – only on days they need it – through a smartphone app. … […]
The Chinese coffee startup (founded 2017) was a high-flyer until April 2020 when it came out they had fabricated sales figures. I stopped paying attention then, but China really wants a domestic alternative to Starbucks. | learn more
“By all appearances, Great Jones was a startup success story. Launched by the childhood friends Sierra Tishgart and Maddy Moelis in 2018, the direct-to-consumer kitchenware line positioned itself as a hipper, more affordable update to legacy brands such as Le […]
“The market is scorching hot, with startups across all growth stages getting funded faster and at higher valuations.” | learn more
“A startup has three main activities: (1) recruit a team to (2) build a product and (3) sell and service the product. Competition influences each of those functions.” | learn more
“The first thing to confront is that as a CEO you’re the company’s primary salesperson. It doesn’t matter what industry, what product, what revenue model, what stage of development.” | learn more