Joker

4 statements across 1 episodes · 3 bullish · 0 bearish · 2 people on the record · first statement Jan 12, 2022 by Ralf Wenzel · across every show →

Everything said about Joker, oldest first

Jan 12, 2022 positive
Assertion Partly supported
JOKR Hires Pickers and Riders as Full-Time Staff With Benefits
“For your pickers and for your riders, which in the case of Joker, are always like full-time employees, and hence includes all social security contribution, health insurance, and so on.”
Ralf Wenzel Jan 12, 2022 ▶ 18:41 20VC: The Memo: Never Before Revealed Metrics; A Full Breakdown of Unit Economics Behind JOKR, How Does Emerging Markets Compare to Developed Economies & The Biggest Misnomers on Quick Commerce with Ralf Wenzel, Founder & CEO @ JOKR
Jan 12, 2022 positive
Assertion Not checkable as stated
JOKR Reaches 4-5 Monthly Orders Per Customer at $50 AOV
“Our order frequency that is converging towards four to five orders per customer per month, and they would on average spend approximately 50 US dollar when coming to the Joker proposition.”
Ralf Wenzel Jan 12, 2022 ▶ 5:47 20VC: The Memo: Never Before Revealed Metrics; A Full Breakdown of Unit Economics Behind JOKR, How Does Emerging Markets Compare to Developed Economies & The Biggest Misnomers on Quick Commerce with Ralf Wenzel, Founder & CEO @ JOKR
Jan 12, 2022
Assertion Supported
JOKR Raised Over $260M at a $1.2B Valuation
“Ralph has raised over two hundred and sixty million dollars for the company, most recently valuing it at 1.2 billion dollars, and prior to Joker, Ralph spent close to seven years as the founder and CEO of Food Panda, as well as enjoying roles as chief strategy…”
Harry Stebbings Jan 12, 2022 ▶ 0:30 20VC: The Memo: Never Before Revealed Metrics; A Full Breakdown of Unit Economics Behind JOKR, How Does Emerging Markets Compare to Developed Economies & The Biggest Misnomers on Quick Commerce with Ralf Wenzel, Founder & CEO @ JOKR
Jan 12, 2022 positive
Assertion Not checkable as stated
JOKR Replaces Traditional Supermarkets, Not Convenience Stores
“What we are building with Joker is a replacement for the offline supermarket. We're not building a convenience on demand store. We're not building what other refer to as, I don't know, a quick commerce business that is centered around just snacks and alcohol.”
Ralf Wenzel Jan 12, 2022 ▶ 5:11 20VC: The Memo: Never Before Revealed Metrics; A Full Breakdown of Unit Economics Behind JOKR, How Does Emerging Markets Compare to Developed Economies & The Biggest Misnomers on Quick Commerce with Ralf Wenzel, Founder & CEO @ JOKR
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