Cotopaxi

includes Cotopaxi Foundation

16 statements across 2 episodes · 12 bullish · 0 bearish · 1 people on the record · first statement May 4, 2020 by Davis Smith · said 53 times in 4 episodes since 2020 · across every show →

Mentions by year, the whole family

brought up most by Guy Raz (48), Davis Smith (5)

tap a year for its mentions
0020140220202021202220232024episodesmentions
01220202021202220232024episodes it came up in
0020140220202021202220232024episodesmentions per episode
2024 1 mention in 1 episode
2023 32 mentions in 1 episode
2020 20 mentions in 2 episodes 10 per episode

every mention, scene by scene, with the transcript →

Everything said about Cotopaxi, oldest first

May 4, 2020 positive
Assertion Not checkable as stated
Cotopaxi's 'Questival' generated 30,000 social media posts on launch day
“We had 30,000 social media posts the day of our launch, of people using our bags, outliving our brand values, and it was a really special way for us to go build the brand.”
Davis Smith May 4, 2020 ▶ 52:27 Cotopaxi: Davis Smith
May 4, 2020 positive
Assertion Not checkable as stated
Davis Smith: Co-founder Stephan Jacob and I never argued in six-plus years
“You know, we've worked together for six and a half years now, and we've never had an argument.”
Davis Smith May 4, 2020 ▶ 49:15 Cotopaxi: Davis Smith
May 4, 2020 bullish
Prediction Open · timeframe May 2023
Davis Smith: Cotopaxi can become a billion-dollar business
“I believe we can go build a billion dollar business.”
Davis Smith May 4, 2020 ▶ 59:25 Cotopaxi: Davis Smith
May 4, 2020 positive
Assertion Not checkable as stated
Cotopaxi: Over 100,000 people participated in Questival events
“We had over a 100,000 people participate in one of our Questable events.”
Davis Smith May 4, 2020 ▶ 54:06 Cotopaxi: Davis Smith
May 4, 2020 positive
Disclosure
Smith: Cotopaxi no longer needs to raise venture capital
“Over the last two years, our focus has really been on becoming sustainable and profitable, and we've made some amazing progress, and we're finally to the point where we don't have to raise more venture capital moving forward.”
Davis Smith May 4, 2020 ▶ 58:19 Cotopaxi: Davis Smith
May 4, 2020 positive
Assertion Supported
Cotopaxi let factory sewers design one-of-a-kind bags using remnant fabric
“We went to them and said, hey, all this remnant material that we see, all this leftover, we want to use it, and we want you guys to design the bags. The only rule is to make no bag alike, and so that's been really fun.”
Davis Smith May 4, 2020 ▶ 47:56 Cotopaxi: Davis Smith
May 4, 2020
Assertion Not checkable as stated
Cotopaxi hired an impact lead before its first marketing hire
“We hired a, someone to head up our impact work In the first year of our business, before we even hired someone in marketing, we hired someone in impact.”
Davis Smith May 4, 2020 ▶ 57:10 Cotopaxi: Davis Smith
May 4, 2020 positive
Assertion Supported
Smith: Kirsten Green led Cotopaxi's first round and wrote the first check
“We had Kirsten Green led our first round. This is an investor that she's backed Warby Parker and Away and Birchbox and Dollar Shave Club, and she believed in us, and she believed in our mission, and so she wrote the first check, and that was the beginning of t…”
Davis Smith May 4, 2020 ▶ 45:45 Cotopaxi: Davis Smith
May 18, 2023 positive
Assertion Supported
Cotopaxi hired former Eddie Bauer CEO Damien Huang as president in 2022
“We just hired the CEO of Eddie Bauer, joined our team last year as the president, Damien Wong.”
Davis Smith May 18, 2023 ▶ 9:32 HIBT Lab! Cotopaxi: Davis Smith
May 18, 2023 positive
Assertion Not checkable as stated
Cotopaxi avoided 2020 layoffs via temporary pay cuts repaid with bonuses
“Instead of doing layoffs, we decided to cut our executive salaries in a pretty significant way, and we cut everyone's pay by 10% for three months, and then we cut it down to five percent for the rest of the year, and then by the end of the year, we ended up gi…”
Davis Smith May 18, 2023 ▶ 3:36 HIBT Lab! Cotopaxi: Davis Smith
May 18, 2023 bullish
Assertion Not checkable as stated
Cotopaxi reached profitability in 2020 and grew revenue 90% in 2022
“We ended up having our first profitable year in 2020, and it was significantly profitable. And it allowed us to pay those bonuses to our team. And then in 20, 21, we grew a little over 60%. And then in 20, 22, we grew over 90, about 90%.”
Davis Smith May 18, 2023 ▶ 5:19 HIBT Lab! Cotopaxi: Davis Smith
May 18, 2023 neutral
Disclosure
Davis Smith will retain chairman role during three-year church mission
“I'm going to be joining the board meetings. I'm going to be moving into a chairman role. Every quarter I'm going to do a meeting with all new employees, which I love doing this currently. I do it actually currently I do it every month, but all new employees I …”
Davis Smith May 18, 2023 ▶ 37:10 HIBT Lab! Cotopaxi: Davis Smith
May 18, 2023 positive
Assertion Not checkable as stated
Bain Capital tied Cotopaxi executive bonuses to social impact metrics
“The first thing that they did was they tied our bonuses, our compensation as leaders in the company to our impact work.”
Davis Smith May 18, 2023 ▶ 24:40 HIBT Lab! Cotopaxi: Davis Smith
May 18, 2023
Assertion Supported
Cotopaxi made 97% of products from recycled or remnant materials in 2022
“Last year, 97% of all of our products that we sold were made of the three, one of the three R's.”
Davis Smith May 18, 2023 ▶ 25:11 HIBT Lab! Cotopaxi: Davis Smith
May 18, 2023 positive
Disclosure
Smith: Cotopaxi decided to transition to remote-first forever in August 2020
“And all of a sudden, you know, in August of twenty-twenty, we made the decision, we're remote first forever.”
Davis Smith May 18, 2023 ▶ 8:10 HIBT Lab! Cotopaxi: Davis Smith
May 18, 2023
Assertion Supported
Cotopaxi has aided 3.8 million people in poverty over nine years
“Over the history of our business, the last almost nine years, we've helped and aided 3.8 million people living in poverty through our efforts.”
Davis Smith May 18, 2023 ▶ 23:05 HIBT Lab! Cotopaxi: Davis Smith
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