Dave Powers

14 statements across 1 episodes · 5 bullish · 2 bearish · 1 people on the record · first statement Dec 22, 2023 by Dave Powers · across every show →

On the record as a speaker too: Dave Powers's record, appearances and statements → this page counts the times other people say the name.

Everything said about Dave Powers, oldest first

Dec 22, 2023
Insight
Powers: Young brands risk being short-lived without legacy archives to rely on
“I think it's really the legacy brands, you know, newer brands, they don't have that longevity or the history, the archives that a lot of these luxury brands do, and they can reach back to their history as a way to go forward. If you're a young brand and you do…”
Dave Powers Dec 22, 2023 ▶ 44:36 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 bullish
Prediction Not checkable as stated
Dave Powers: Performance footwear will see next-level super sneakers over 5-10 years
“So I think you're going to start seeing, you know, really next level super sneakers. I mean, look at the one Adidas just launched, you know, it's meant to be worn once one marathon and then it's no good. Right. But people are breaking records in it. So it's, w…”
Dave Powers Dec 22, 2023 ▶ 26:23 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 bullish
Prediction Open · timeframe Dec 2028
Powers: Deckers can organically add billions in revenue over five years
“We feel we have a path where we could, you know, Add billions onto our revenue today over the next five years organically, which is the best way to grow a business because it's built in.”
Dave Powers Dec 22, 2023 ▶ 45:48 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 neutral
Assertion Not checkable as stated
Dave Powers: Removing a bad culture fit takes 6 to 12 months
“It takes, you know, six to 12 months, but usually what happens is kind of organ rejection. It's not me identifying somebody. It's the, you know, it's the company and the employee saying, hey, this person is just not, you know, able to work the way we work. The…”
Dave Powers Dec 22, 2023 ▶ 6:41 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 bullish
Opinion
Dave Powers compares Hoka's customer brand fandom to Patagonia
“It's, I always liken this brand to Patagonia, you know, and I, maybe I'm personalizing that, but I always just was obsessed with Patagonia and wanted more of their product and their brand. I think people feel that way about Hoka.”
Dave Powers Dec 22, 2023 ▶ 27:43 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023
Assertion Not checkable as stated
Powers: Timberland Required All Non-Footwear Products to Match Original Boot Standards
“Every product we make is a boot, whether it's a jacket or a backpack or a pair of jeans. And What he meant was everything has to have the same qualities as our original boot that the company was founded on. It's durable. It's quality. It's, you know, a high le…”
Dave Powers Dec 22, 2023 ▶ 3:15 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 negative
Opinion
Powers: Gap's business has severely degraded over the past 20 years
“I actually think the gap. I would love to go back to the gap because it's just, it's such a shame to see how bad that business has become over the last 20 years.”
Dave Powers Dec 22, 2023 ▶ 1:05:34 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023
Insight
Dave Powers: Sustainable brand success requires an iconic hero product
“They just allow you to do so many things because of the scale, the volume, the margin, the consistency of the business. If you don't have that, it's really hard to run a successful, you know, sustainable business.”
Dave Powers Dec 22, 2023 ▶ 39:33 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023
Insight
Powers: Frequent promotions can obscure an unfulfilling work environment
“I mean, I've been that consumer. I mean, I've been that employee in the past where I, you know, my early days at Gap, I was getting promoted quite often. That was the culture we were growing. For me, it fogged the fact that I hated the work environment. And I …”
Dave Powers Dec 22, 2023 ▶ 59:34 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 positive
Insight
Dave Powers: Hoka succeeded in US by dominating run specialty first
“That was our success in the U S is really kill it in the run specialty channel and the core outdoor channel. And then you can move out beyond that.”
Dave Powers Dec 22, 2023 ▶ 21:27 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 neutral
Prediction Held up
Powers: Deckers avoids consumer-facing corporate branding, focusing Deckers name on investors
“Well, you know, we're holding company for the brands, right? We're not expecting or trying to get consumers to know Deckers. That's not our goal. We want investors to know Deckers, and they do, but we're not pushing the Decker's name to consumers.”
Dave Powers Dec 22, 2023 ▶ 56:06 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 negative
Opinion
Powers: Nike Free's barefoot running trend created injury-causing footwear
“You know, and it was, you know, Nike went there with the Nike Free and started making this, you know, lower profile product and everybody just followed suit. So next thing you know, you have a whole industry of, you know, running brands that are creating produ…”
Dave Powers Dec 22, 2023 ▶ 25:33 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 neutral
Disclosure
Dave Powers: Strava founders had no ambition to be acquired
“You know, I had conversations with the founders there a couple of times not in that context, but just getting to know them and, you know, our brands partnering. And, you know, I know for them, they had really, I don't think they had any ambitions of being acqu…”
Dave Powers Dec 22, 2023 ▶ 48:00 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 positive
Insight
Dave Powers: Running shoe brand loyalty is shifting as consumers try disruptors
“Well, traditionally, they're very loyal, you know, and it's hard to get a consumer that was running in ASICs for 10 years or Saucony for 10 years to switch brands. I think that's changing dramatically. I think people are open to trying different brands now. An…”
Dave Powers Dec 22, 2023 ▶ 27:05 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
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