Chu: Pet DNA kit startup exited for $90M on $3M-$4M revenue
“They, I think we're only doing like three or four million in revenue, but they got acquired for like ninety million.”
There Were No Dog Subscription Boxes on the Market in 2011
“No, not at all.”
BarkBox Sold $15 Groupon Subscriptions Despite Having $20 Box Costs
“If I remember right, we were selling three-month subscriptions for 45 dollars so 15 dollars a month, but you'd probably have a 20 dollar cost of goods in every box.”
BarkBox Reached 15,000 Subscribers by the End of Its First Year
“That first year we thought we were huge, where we ended the year with about 15,000 subscribers.”
BarkBox Experienced Zero Customer Churn During Its First Four Months
“So I remember the first four months that we were alive, we had no churn, not one subscriber left. Now, not a whole lot of subscribers there, but out of over a hundred, no one left.”
Schutz: BarkBox Hacked Instagram's Popular Page With 5:15 PM Posts
“At Bark, we found a way to hack Instagram's popular page back when that was a thing. Like, if you posted a funny dog picture at five 15 during the week, We would get every time on the popular page, and we just have explosive growth”
Schutz: Paid search failed at BarkBox but succeeded at healthcare startup Ro
“For example, at Bark, paid search was not a thing. It did not work for us. People were not searching for, like, monthly box of treats and toys for dogs. But at Rope, people are looking for all sorts of vacation or treatments for different conditions that they'…”
Robinson passed on early angel investments in Plaid and BarkBox
“The annoying thing was the stuff that I passed on. Like they're literally like billion dollar exit companies that I just got, you know, I'm like, I'm gonna invest in five things. It's like the four, the five, the four that I did were like kind of donuts, like …”