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Grub With Us

0 statements across 0 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Jul 27, 2018 by Eddy Lu · across every show →

Everything said about Grub With Us, oldest first

Jul 27, 2018 negative
Disclosure
Eddy Lu: High customer acquisition costs made Grub With Us unviable
“What we saw was that it cost so much money to acquire a customer because of all those friction points that we knew that, This wasn't going to be a just a mass market business.”
Eddy Lu Jul 27, 2018 ▶ 8:37 20VC: GOAT's Eddy Lu on Pivoting From Failing Social Dining App To The World's Largest Sneaker Marketplace, How The Best Founders Pick Their Investors & Why It Is Better To Be Hated than Unknown
Jul 27, 2018
Disclosure
Eddy Lu: Grub With Us pivoted to GOAT with $1.5M remaining
“We raised over seven million dollars and had only about one and a half million dollars left.”
Eddy Lu Jul 27, 2018 ▶ 9:21 20VC: GOAT's Eddy Lu on Pivoting From Failing Social Dining App To The World's Largest Sneaker Marketplace, How The Best Founders Pick Their Investors & Why It Is Better To Be Hated than Unknown
Jul 27, 2018
What-if
Eddy Lu would have written off Grub With Us as an investor
“If I were them, I probably would have written us off too.”
Eddy Lu Jul 27, 2018 ▶ 9:19 20VC: GOAT's Eddy Lu on Pivoting From Failing Social Dining App To The World's Largest Sneaker Marketplace, How The Best Founders Pick Their Investors & Why It Is Better To Be Hated than Unknown
Aug 7, 2024 positive
Disclosure
Alexis Ohanian's $10K investment in GOAT grew to $7.4 million
“So I put 10 grand, it was called Grub With Us back then. In 2011, and so that 10 grand is worth, whatever it was, three point, no, yeah, three, estimated lat, no, sorry, current last, 7.4 million dollars.”
Alexis Ohanian Aug 7, 2024 ▶ 1:13:02 Alexis Ohanian: The Full P&L Breakdown of the World's Most Valuable Women's Sports Team | E1187 · 20VC with Harry Stebbings
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