“We opened a store every year, then every six months, and now we're opening three a year. ... We've taken the route of going slow.”
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Said on TBPN
Dan Fleischman · Moneywise · He's Worth $50M and Spends $110K a Month on a Zoo That Makes $0
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Invested $500,000 in Everbowl in 2018, raised $5 million in 2019, bought 23 locations in 2020, and then opened a new store every six days
$500k investment; $5 M raise; 23 locations bought; 1 new location per 6 days
“We opened a store every year, then every six months, and now we're opening three a year. ... We've taken the route of going slow.”
“The surge prompted the company to, quote, throttle growth by raising the minimum investment for some new accounts from $1 million to $10 million.”
“We're going to build an open source stack for SFT for mid-training ... we can store the trajectories ... and you just do this for a year of a lab and then check in every six months”
“I would actually do like a consumer private equity fund. I would raise $500 million and I would invest into the fastest growing consumer brands… alongside a lead gen content business.”
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