“But how about not us giving you money, but you giving us money and becoming a co-investor and a co-entrepreneur together with us and To our surprise, Roger said, yes, that's what I'm gonna do.”
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More from David Allemann
Insight
Allemann: Perfection beats efficiency in product development over 80/20 optimization
“I feel doing something to perfection in many cases beats kind of optimizing for efficiency, especially when it comes to product. Not always true, but as somebody who's very much focused on product, I'm more 120%.”
David AllemannMay 31, 2023▶ 49:24David Allemann: How I founded On Running; Working with Roger Federer; Brand Marketing Tips | E1021 · 20VC with Harry Stebbings
Insight
Allemann: Living in safe, wealthy countries can inhibit entrepreneurial risk-taking
“If you're coming out of Switzerland, you're coming out of one of the richest, safest places on the planet. And that sometimes can be an inhibitor because then you're in such a safe place that you probably don't take risks anymore.”
David AllemannMay 31, 2023▶ 7:26David Allemann: How I founded On Running; Working with Roger Federer; Brand Marketing Tips | E1021 · 20VC with Harry Stebbings
Insight
Allemann: Hiring non-footwear designers enabled On to break shoe industry conventions
“We had asked Thilo because he's a product designer and Not a shoe designer. He had never designed a shoe. And so we felt that's a good fit with us because we also never were in the shoe business. So let's completely break conventions.”
David AllemannMay 31, 2023▶ 10:53David Allemann: How I founded On Running; Working with Roger Federer; Brand Marketing Tips | E1021 · 20VC with Harry Stebbings
“At the beginning people told us, don't do that, that you need the running shoe bling because that's gonna put you at a disadvantage and we did it anyhow. And so at first it probably was almost a little bit an inhibitor but it made it to a very distinctive desi…”
David AllemannMay 31, 2023▶ 11:41David Allemann: How I founded On Running; Working with Roger Federer; Brand Marketing Tips | E1021 · 20VC with Harry Stebbings
Opinion
Allemann: Global sports brands must be firmly rooted in the US
“If you want to be a sports brand, you have to be in the U S and you have to be firmly rooted in the U S as you have to be in many other countries like Japan, UK.”
David AllemannMay 31, 2023▶ 16:11David Allemann: How I founded On Running; Working with Roger Federer; Brand Marketing Tips | E1021 · 20VC with Harry Stebbings
Insight
Allemann: Sportswear startups need retail partners because consumers distrust direct claims
“We feel it's much more effective if they talk about the shoe. If we talk about, there's been so much said about running shoes by so many different brands. If we go out there and say, hey, now we did the most amazing running shoe on the planet. Nobody will beli…”
David AllemannMay 31, 2023▶ 18:04David Allemann: How I founded On Running; Working with Roger Federer; Brand Marketing Tips | E1021 · 20VC with Harry Stebbings
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