Luxi
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Top Founders 16
2018 16 mentions in 1 episode
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6 statements about Luxi, every show
Mattress companies typically traded at 3x to 4x revenue in 2018
“It's valued on the basis of maybe three or four times revenue.”
Luxi bootstrapped its mattress business entirely without outside capital
“No, we bootstrapped the whole thing.”
Luxi averaged a $200 customer acquisition cost across all mattress products
“A couple hundred bucks. There's cost of acquisition today for all of our products averaged across all the, all of the items.”
Luxi maintained manufacturing gross margins in the high 50 percent range
“Our gross margins on, on manufacturing are run in the high 50% range.”
Bootstrapped mattress brand Luxi projected $5M in revenue for 2018
“We're projecting five for the end of the year.”