“We now have a brand that's, you know, close to three hundred million dollars in revenue.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Joey Zwillinger
AssertionSupported
Allbirds Co-Founder: Amazon Profits Off Knockoffs Targeting Allbirds Search Terms
“If you look at how Amazon does, even when you're not selling on their channel, enough people have typed in all birds on amazon.com such that there is a lot of knockoffs and other, perhaps you would call it similar looking products. That are now sold through Am…”
Joey ZwillingerAug 18, 2017▶ 13:0120VC: What Larry Paige, Mary Meeker and Ben Horowitz All Have In Common, Why You Have To Build A Movement Not A Brand & Why This Really Is A Great Time To Be An Entrepreneur with Joey Zwillinger, Co-Founder @ Allbirds
PredictionHeld up
Joey Zwillinger: Allbirds will refocus on its core active lifestyle category
“And so that is the core of where we started the brand. And that's where we're going to bring everything back to with a really sharp clarity for the consumer. And the potential when we do that is going to be pretty significant. So I think in, in, in part, you'r…”
Joey ZwillingerNov 6, 2023▶ 10:15Joey Zwillinger: From $4.1BN to $142M Market Cap;Why Public Markets Have Written Allbirds Off |E1078 · 20VC with Harry Stebbings
PredictionNot checkable as stated
Zwillinger: Allbirds will consider going private if market valuation gap persists
“If along that journey the public markets don't see the value that we're creating, and there's a big gap between the value that we are creating and what the enterprise value is of the company, then I think it's prudent to consider all options. And we have a boa…”
Joey ZwillingerNov 6, 2023▶ 28:03Joey Zwillinger: From $4.1BN to $142M Market Cap;Why Public Markets Have Written Allbirds Off |E1078 · 20VC with Harry Stebbings
PredictionDidn’t hold up
Zwillinger: Allbirds will be cash flow and EBITDA profitable in 2025
“What we've said to the market, we've got to be pretty consistent with that on your podcast as well. Is, is that will be cashflow and EBITDA profitable in 20, 25.”
Joey ZwillingerNov 6, 2023▶ 35:15Joey Zwillinger: From $4.1BN to $142M Market Cap;Why Public Markets Have Written Allbirds Off |E1078 · 20VC with Harry Stebbings
Insight
Zwillinger: Remote Work Is Impossible for Physical Product Companies
“The conception of what productivity means is far too narrow. And particularly in an industry like mine, where Creativity and physical products are central to what we do that not being together is is impossible.”
Joey ZwillingerNov 6, 2023▶ 37:57Joey Zwillinger: From $4.1BN to $142M Market Cap;Why Public Markets Have Written Allbirds Off |E1078 · 20VC with Harry Stebbings
AssertionNot checkable as stated
Zwillinger: Almost 100% of new shoe brand discovery happens in physical stores
“For the 83% and for any of the discovery, almost a hundred percent of the discovery of new brands, you really want to go try things on people.”
Joey ZwillingerAug 18, 2017▶ 7:5920VC: What Larry Paige, Mary Meeker and Ben Horowitz All Have In Common, Why You Have To Build A Movement Not A Brand & Why This Really Is A Great Time To Be An Entrepreneur with Joey Zwillinger, Co-Founder @ Allbirds
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