Joel Clark

10 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Dec 7, 2020 by Joel Clark · across every show →

On the record as a speaker too: Joel Clark's record, appearances and statements → this page counts the times other people say the name.

Everything said about Joel Clark, oldest first

Dec 7, 2020

Disclosure

Clark: Clark family and Cameron Smith hold majority ownership in Kodiak Cakes

“If, well, yeah, if you include myself, my dad, my brother, and Cameron, then we are a majority.”

Joel Clark Dec 7, 2020 ▶ 1:07:20 Kodiak Cakes: Joel Clark

Dec 7, 2020

Assertion Not checkable as stated

John Clark launched Kodiak Cakes using $1,400 earned from flipping a truck

“John drove it around for a while, and then he sold it, and he made 1400 bucks. And so he was kind of like, look, I think I can actually start my business on this.”

Joel Clark Dec 7, 2020 ▶ 14:32 Kodiak Cakes: Joel Clark

Dec 7, 2020

Assertion Not checkable as stated

Joel Clark sold his mother's pancake mix door-to-door at age eight

“They totally did. I remember I knocked on it, so we lived in a cul-de-sac, and I went around to all the neighbors in the cul-de-sac, And I think everybody bought one, you know, I mean, I'm this eight year old kid. And I was actually pretty outgoing as a kid, l…”

Joel Clark Dec 7, 2020 ▶ 9:31 Kodiak Cakes: Joel Clark

Dec 7, 2020

Disclosure

An early investor bought 18% of Kodiak Cakes for $35,000

“And so Gary, John and I, we all started talking and Gary said, all right, guys, I'll put 35,000 bucks in for, I can't remember, it was like 18% of the business or something like that. He's like, look, let's start with 13,000. And then when you need more, you k…”

Joel Clark Dec 7, 2020 ▶ 32:41 Kodiak Cakes: Joel Clark

Dec 7, 2020

Assertion Not checkable as stated

Joel Clark incorporated Kodiak Cakes in 1999, returning 50% equity to John

“It was in not until about 1999 that I actually incorporated the business. And then I went back to John and I gave him half the shares back.”

Joel Clark Dec 7, 2020 ▶ 26:05 Kodiak Cakes: Joel Clark

Dec 7, 2020

Disclosure

Joel Clark temporarily left Kodiak Cakes in 2008, licensing the brand

“And in early 2008, I took a job and left Kodiak cakes and I licensed the brand over to Another small business to kind of manage for me and to pay me a royalty.”

Joel Clark Dec 7, 2020 ▶ 43:01 Kodiak Cakes: Joel Clark

Dec 7, 2020

Assertion Not checkable as stated

Founders launched Kodiak Cakes packing 600 pounds of mix into a sedan

“On December first, 1995, John and I took a trip to Jackson, Wyoming. We left at, like, four a.m., four or five a.m., We got in his car, and I remember he had this Mazda six to six, and it would hold exactly 19 cases of Kodiak cakes. And the cases were big. I m…”

Joel Clark Dec 7, 2020 ▶ 18:17 Kodiak Cakes: Joel Clark

Dec 7, 2020

Assertion Not checkable as stated

Joel Clark: Kodiak Cakes generated $29,000 in total revenue in 1997

“What I do remember is so, you know, when I took it over later in two, in 1997, the revenue that year was 29,000 dollars total revenue.”

Joel Clark Dec 7, 2020 ▶ 24:37 Kodiak Cakes: Joel Clark

Dec 7, 2020

Assertion Not checkable as stated

Joel Clark's father borrowed $260,000 against his home to fund Target inventory

“So he went down to the bank. He got a check on his home equity line. So he had to borrow the money and he showed back up to my office with a check for 260,000 bucks.”

Joel Clark Dec 7, 2020 ▶ 57:40 Kodiak Cakes: Joel Clark

Dec 7, 2020

Assertion Not checkable as stated

Joel Clark: John Clark sold Kodiak Cakes to him for one dollar

“What we did to actually formalize it, we actually made a little contract and John literally sold me the business for a dollar.”

Joel Clark Dec 7, 2020 ▶ 25:36 Kodiak Cakes: Joel Clark

Joel Clark

Everything said about Joel Clark, oldest first

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